Capacity Market auction determination: letter from DESNZ to National Grid ESO, June 2023
Letter setting out the government’s intent to hold 2 Capacity Market auctions in 2024: the T-1 auction for 2024 to 2025 and T-4 auction for 2027 to 2028.
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This letter from the Secretary of State for Energy Security and Net Zero, RT Hon Grant Shapps MP, to National Grid Electricity System Operator (ESO) outlines the intent of the government to hold 2 Capacity Market auctions:
- a T-1 auction for the 2024 to 2025 delivery year
- a T-4 auction for the 2027 to 2028 delivery year