Following the judgement from the General Court of the Court of Justice of the European Union on 15 November, the Capacity Market (CM) is now in a period of “standstill”. No payments to CM agreement holders will be made until the scheme regains State Aid approval. As well as this, suppliers will not have to recover the Capacity Market Supplier Charge (CMSC) levy from customers.
Any CMSC contributions already made by suppliers towards the 2018-19 delivery year that the Electricity Settlement Company (ESC) is holding will be returned. Our chart this week, looks at the CM revenue collection and what this period of standstill will mean.