Collection

Capacity Market parameters for auctions 2019 to 2020, and 2022 to 2023

Government has published the parameters for the next Capacity Market auctions to ensure the UK has sufficient capacity to meet electricity demand.

Documentation includes:

  • letter from the Secretary of State to National Grid Electricity System Operator (ESO) of determination to rearrange the postponed T-1 auction for the 2019 to 2020 delivery year
  • letter from the Energy Minister to National Grid setting out the volume of capacity to be secured through the T-1 auction for 2019 to 2020 and the T-4 Capacity Auction for 2022 to 2023, including the de-rating factors for interconnectors
  • the Panel of Technical Experts report: the final auction targets are based on the advice provided by National Grid in their Electricity Capacity Report, which is scrutinised by the Panel of Technical Experts
  • letter from the Energy Minister to National Grid informing them that the auctions will take place
  • a report by Poyry on de-rating interconnectors
  • the Auction Monitor’s reports for the most recent Capacity Market auctions

Documents

  1. Capacity Market auction parameters: open letter from BEIS to National Grid ESO, May 2019
  2. Capacity Market determination: letter from BEIS to National Grid ESO, April 2019
  3. Capacity Market auction parameters: open letter from BEIS to National Grid, July 2018
  4. National Grid Electricity Capacity report 2018: findings of the Panel of Technical Experts
  5. Capacity Market auction determination: letter from BEIS to National Grid, July 2018
  6. Capacity Market and interconnectors: an update of historical de-rating factors for Great Britain interconnectors
  7. Capacity Market auction: Auction Monitor’s reports for 2018 to 2019, and 2021 to 2022
Published 9 July 2018
Last updated 13 May 2019 + show all updates
  1. Letter from SoS to National Grid, May 2019 added.
  2. Added letter from Secretary of State to National Grid ESO of determination to rearrange the postponed T-1 auction for the 2019 to 2020 delivery year.
  3. First published.