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Market research & Insight

Issue 686 | CM results

Issue 686 | CM results

Tom Edwards Tom Edwards Senior Consultant

Capacity Market: Early Auction results 6 February 2017 Headline Assessment 1         Assessment & Recommendation 1.1         Auction cleared at £6.95/kW The T-1 2017-18 Capacity Market Early Auction cleared on 3 February, with 54.43GW procured at a clearing price of £6.95kW/ year. A total of 59.28GW of capacity entered the auction, of which 91.82% received Capacity Agreements for delivery in 2017-18. A mixture of new and existing capacity was procured, with 1.9GW of the volume of Capacity Agreements awarded to new capacity (see Figure 1 below). The auction cleared at a ...

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