Guidance

Capacity Market: location of provisional results

We agreed with the delivery body that DECC will publish provisional auction results at 7am on the working day after the auction clears, and before final auction results are published. The Capacity Market auction has closed and the provisional results have been published on this page. To note, the Auction Monitor has sanctioned the release of the provisional results.

• From: Department for Energy Security and Net Zero and Department for Business, Energy & Industrial Strategy
• Published: 12 December 2014
• Last updated: 19 December 2014 — See all updates

Documents

Provisional results report

PDF, 892 KB, 32 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email enquiries@beis.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

We have agreed with the Delivery Body that DECC will publish provisional auction results at 7am on the working day after the auction clears, and before final auction results are published. The Capacity Market has closed and the provisional results have been published on this page. To note, the auction monitor has sanctioned the release of the provisional results.

Table 1 - key figures

Clearing price	£ 19.40 / kW / year
Total volume of capacity awarded	49.3 GW

Table 2 - breakdown of awarded capacity by CMU type

CMU type	Capacity (GW)	Capacity (%)
Existing CMU	33.6	68
Refurbishing CMU	12.9	26
New build CMU	2.6	5
DSR	0.2	0.4

Table 3 - duration of agreement by capacity

Duration	Capacity (GW)	Capacity (%)
1 year	43.7	89
3 years	3.1	6
14 years	0.03	0.1
15 years	2.4	5

Table 4 - capacity awarded by technology type

Technology type	Capacity (GW)	Capacity (%)
CCGT	22.3	45
CHP & autogeneration	4.2	9
Coal/Biomass	9.2	19
DSR	0.2	0.4
Hydro	0.7	1
Nuclear	7.9	16
OCGT and reciprocating engines	2.1	4
Storage	2.7	5

The provisional results are not final as the Secretary of State will commence his review of the auction and will take into consideration the full findings of the auction monitor. If the Secretary of State is satisfied that there are no grounds for annulling the auction, in accordance with regulation 27 of the Capacity Market Regulations 2014, the Delivery Body will publish the final auction results on the delivery body website. Regulation 27 requires the Secretary of State to form a view within 7 working days about whether the auction should be annulled. We have decided that the Secretary of State will take all of this permitted time and for the avoidance of doubt the review will not be concluded any earlier than the allotted time. The delivery body will publish final results 8 working days after the auction clears.

Publication of T-4 Capacity Market auction 2014 timetable:

If auction closes on	Publication of provisional results	Publication of final results
18 Dec	19 Dec	2 Jan

Published 12 December 2014
Last updated 19 December 2014 + show all updates

1. 19 December 2014

   Publication of Capacity Market auction provisional results

2. 12 December 2014

   First published.