Correspondence

Capacity Market auction parameters: letter from BEIS to National Grid ESO, July 2021

Letter setting out the Capacity Market auction parameters for the T-1 auction for the 2022 to 2023 delivery year, and the T-4 auction for 2025 to 2026 delivery year.

• From: Department for Energy Security and Net Zero and Department for Business, Energy & Industrial Strategy
• Published: 8 July 2021

Documents

Capacity Market auction parameters letter from BEIS to National Grid ESO, 6 July 2021

PDF, 127 KB, 2 pages

Annex: Auction parameters and interconnector de-rating factors

PDF, 101 KB, 1 page

Details

The letter from the Minister of State for Business, Energy and Clean Growth Anne-Marie Trevelyan MP to National Grid Electricity System Operator (ESO) sets out the parameters, including the volume of capacity to be secured and the de-rating factors for interconnectors, for the T-1 auction for 2022 to 2023, and the T-4 auction for 2025 to 2026 delivery year.

The annex provides full details of auction parameters and the interconnector de-rating factors.

In line with the annual Capacity Market process, the parameters for the 2 auctions may be updated following prequalification, and will be confirmed before the auctions are held in early 2022.

Published 8 July 2021