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Market research & Insight

Issue 795 | T-4 Capacity Market Auction for 2021-22

Issue 795 | T-4 Capacity Market Auction for 2021-22

Tom Edwards Tom Edwards Senior Consultant

T-4 Capacity Market Auction for 2021-22 9 February 2018 Headline Assessment 1 Summary and assessment National Grid published provisional results for the T-4 Capacity Market (CM) auction for delivery in 2021-22 on 9 February. A total of 50,410.119MW of CM Units (CMUs) were awarded Capacity Agreements at a clearing price of £8.4/kW. This is the lowest ever clearing price achieved in a T-4 capacity auction. Results will remain provisional until approved by the Secretary of State on February 20, following publication of the Auction Monitor’s report. A total of 43.313GW of existing generation was awarded agreements, representing 86% of the total. 23GW was ...

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