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Latest Developments - UK Government Capacity Market

Posted by SSE Business Energy on 29/03/17 14:15

The Capacity Market is the Government’s main mechanism to ensure that the GB electricity system remains secure by ensuring sufficient reliable capacity is in place to meet demand. Here are the latest developments on the Transitional Arrangement Auction and the Capacity Market Consultation.


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Topics: Capacity Market

Capacity Market Auction Results

Posted by SSE Business Energy on 11/01/17 15:29
15/12/16

On 9th December the provisional results of the latest Capacity Market auction were announced. A total of 52.4GW of capacity was procured in the auction to provide security of electricity supply in 2020/21. The auction cleared at £22.50 kW / year (2015/16 Prices), which was lower than some forecasts but higher than the clearing price in the 2014 and 2015 auctions. Final confirmation of the results will be announced by the Government in the New Year. National Grid’s publication of the provisional results is available here

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Topics: Capacity Market