Collection

Electricity Market Reform: Capacity Market 2014

Capacity Market will ensure security of electricity supply by providing a payment for reliable sources of capacity.

Part of the government’s Electricity Market Reform package, the Capacity Market will ensure security of electricity supply by providing a payment for reliable sources of capacity, alongside their electricity revenues, to ensure they deliver energy when needed. This will encourage the investment we need to replace older power stations and provide backup for more intermittent and inflexible low carbon generation sources.

The Capacity Market has also been designed to support the development of more active demand management in the electricity market.

This page provides all the information stakeholders need for the 2014 T-4 auction.

Capacity Market Rules and Regulations

T-4 Capacity Market auction: auction monitor report

Capacity Market: location of provisional results

Capacity Market: location of provisional results

Letter from Edward Davey to National Grid updating the volume of capacity to be procured

Letter from Edward Davey to National Grid updating the volume of capacity to be procured.

Letter from Edward Davey about the Electricity Market Reform capacity market auction

Letter from Edward Davey about the Electricity Market Reform capacity market auction.

Letter from Baroness Verma to National Grid about the Capacity Market delivery timetable

Letter from Baroness Verma to National Grid about the Capacity Market delivery timetable.

Settlement Body Metering Letter

Settlement Body Metering Letter.

  1. Settlement Body Metering letter

    • Correspondence

HMRC view of VAT treatment of the Capacity Market

HMRC view of VAT treatment of the Capacity Market.

Illustrative example of a sample single line diagram

Illustrative example of a sample single line diagram.

EMR Panel of Technical Experts Final Report on National Grid’s Electricity Capacity Report

EMR Panel of Technical Experts Final Report on National Grid’s Electricity Capacity Report.

Letter from Edward Davey confirming auction parameters

Letter from Edward Davey confirming auction parameters.

Government response to consultation on proposals for implementation of Electricity Market Reform

The government response to the consultation Electricity Market Reform: Consultation on proposals for implementation (published October 2013). The consultation sought views on the proposals for implementing the key mechanisms for reforming the electricity market - Contracts for Difference (CFDs) and the Capacity Market - as well as their institutional and delivery arrangements.

  1. Proposals for implementation of Electricity Market Reform

    • Consultation outcome
Published 29 June 2015