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Issue 540 | Capacity Market Reform

Issue 540 | Capacity Market Reform

Josephine Lord Josephine Lord Consultant

DECC consultationConsultation on Reforms to the Capacity Market 22 October 2015 DECC issued a detailed consultation on 15 October on changes to the rules and regulations governing the Capacity Market (CM). It said the most significant change proposed will ensure that new build generation plant that win agreements in the CM auction face the right incentives and penalties to ensure that they deliver fully and according to their agreements. Other changes proposed are considered to be simplifications or minor, incremental improvements to the process, reflecting stakeholders suggestions and formal evaluation following the first auction last year. The government is also seeking views on ...

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