Capacity Market auction parameters: open letter from BEIS to National Grid ESO, January 2021
Adjustments to the parameters for the Capacity Market auctions for delivery years 2021 to 2022, and 2024 to 2025.
Documents
Details
Letter from Minister of State for Business, Energy and Clean Growth to National Grid Electricity System Operator (NG:ESO) setting out adjustments to the auction parameters for the 1-year ahead (T-1) auction for the delivery year 2021 to 2022, and the 4-year ahead (T-4) auction for the delivery year 2024 to 2025.
It is accompanied by a letter from the Panel of Technical Experts outlining their view on the NG:ESO’s analysis of potential impacts from the COVID-19 pandemic on the 2020 Electricity Capacity Report recommendations.