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Issue 793 | T-1 2018-19 Capacity Auction Results

Issue 793 | T-1 2018-19 Capacity Auction Results

Tom Edwards Tom Edwards Senior Consultant

T-1 Capacity Market Auction for 2018-19 Capacity Market Alert 2 February 2018 1 Summary and assessment National Grid published provisional results for the T-1 Capacity Market (CM) auction for delivery in 2018-19 on 2 February. A total of 5,782.89MW of CM Units (CMUs) were awarded Capacity Agreements at a clearing price of £6/kW. This is the lowest ever clearing price achieved in a capacity auction. Results will remain provisional until approved by the Secretary of State on February 13, following publication of the Auction Monitor’s report. A total of 10,664MW entered the T-1 auction. 4.7GW of existing generators were awarded agreements. 2.2GW ...

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