Closed consultation

Capacity Market: rule amendments to support auction liquidity

From:
Department for Energy Security and Net Zero
Published
8 April 2024

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Summary

We're seeking views on proposals to support Capacity Market (CM) auction liquidity by improving the functionality of the CM emissions verification process.

This consultation ran from
to

Consultation description

This consultation seeks views on proposals designed to tackle potential risks which have been identified since the commencement of Capacity Market (CM) emissions verifications. This is to ensure auction liquidity is not needlessly adversely affected by the verification process.

The consultation includes:

  • a proposal to introduce a conditional deadline extension for CM applicants who are required to submit a verified emissions declaration at prequalification
  • other amendments and improvements to ensure the functionality of the verification process

Documents

Capacity Market: rule amendments to support auction liquidity

PDF, 449 KB, 20 pages

Published 8 April 2024