Research and analysis

Evaluation of the Capacity Market scheme

An independent evaluation of the Capacity Market scheme.

• From: Department for Energy Security and Net Zero
• Published: 16 October 2023

Documents

Evaluation of the Capacity Market scheme: Final report

PDF, 1.05 MB, 71 pages

Details

This is an independent process and impact evaluation of the Capacity Market scheme carried out by Technopolis Ltd on behalf of the department.

The evaluation aims to:

• determine whether the Capacity Market has historically met its objectives and how it has done it
• provide evidence on the potential need for future market intervention to ensure the security of supply and how it compares to the current scheme design
• provide learning about how the individual components of the scheme could be included in any future market interventions

The findings in this report will be used to support the 10-year review of the Capacity Market scheme.

Published 16 October 2023