O come all ye flexible – the challenges of getting into the Capacity Market

The festive period is often a time of reflection, and given the recent publication of the Capacity Market prequalification, we thought it was a good chance to look back at what participants have had to go through to get to this point.

In our latest podcast, two members of our Consultancy team, James Cunningham and Alex McGregor, reflect on the many (many) requirements that potential participants have had to meet in order to just enter the upcoming auctions. They also discuss how the scheme has changed, for the better and worse, over recent years and suggest some potential ideas for how the scheme could be improved. Finally, they look ahead to the future of the scheme, including how the Capacity Market fits into a net zero world.

If you would like further information on the subjects discussed, or anything else to do with the Capacity Market, get in touch with James or Alex. Cornwall Insight offers a range of services in relation to the Capacity Market in addition to prequalification support, including a forecast of clearing prices for the upcoming auctions. If you’d like any more information about our Capacity Market offerings ahead of the auctions in 2021, please get in touch or check out our website.

Below is a 60-second extract from our full podcast.

To listen to the full podcast, please log in to your account

Alternatively, please sign up for a free account

Related thinking

Net zero corporates and ESG

Is our energy market design fit for net zero?

In our latest podcast, our Research Partner, Dan Atzori, and our Senior Modeler, Tom Edwards, discuss energy governance challenges and how to overcome them. A number of key stakeholders in the energy transition are raising the issue of whether the governance status quo is adequate for achieving net zero. While...

E-mobility and low carbon

Bite size: EVs in the Capacity Market

In our first CI bite size podcast, our experts take on the topic of EVs in the Capacity Market, asking: what is the Government proposing, and is it a good idea? Oliver is joined by Cornwall Insight consultants, James and Jacob, who tidy the whole thing up in under 10...

Commercial and market outlook

Energy policy and regulation – looking back to look forward

Our Head of Training, Ed Reed and Head of Relationship Development, Robert Buckley, mark 750 Energy Spectrum weekly bulletins with our latest podcast. Our experts discuss policy and regulatory changes that have been covered over 15 years of analysis and commentary from the Cornwall Insight team. From this, they look...

Commercial and market outlook

Talking to Ofgem about the Future of System Operation

In this podcast Tom Corcut, Deputy Director for wholesale markets in Ofgem joins Emma Burns, Senior Consultant Cornwall Insight to discuss the recommendations that Ofgem made in its publication on the future of system operation in January 2021. Tom and Emma talk about Ofgem’s findings and why it has made...

Low carbon generation

Crystal balling – Seeing into the future with forward power curves

Following on from our previous podcast two months ago, 'Crystal Balling - Future power prices and the impacts of net zero'. Emma Burns, Senior Consultant, and Tom Edwards, Senior Modeller, reunited to discuss the thinking behind our 'Benchmark Power curve service' and our view of the market and prices out...

Energy storage and flexibility

Crystal Balling – future power prices and the impacts of Net Zero

In our latest podcast, Wholesale Manager James Brabben, Head of Modelling Tom Musker and Senior Modeller Tom Edwards discuss our latest views long-term power prices. Part of a series covering our assessments of the future wholesale power market, the trio discuss the latest results from our 'Benchmark power curve' service and...

Low carbon generation

COVID-19 lessons on the path to net zero 2050

In our latest podcast, Senior Consultant Craig Lowrey and Senior Writer Nick Palmer discuss Craig’s Energy Spectrum piece on the lessons from the current lockdown for the path to net zero. They look at the current low demand-high renewables situation and what we can learn for the future of the...

Low carbon generation

The impact of COVID-19 on financing low-carbon infrastructure

Our latest podcast features Cornwall Insight’s Research Partner, Daniel Atzori, and Key Account Leader, Bertie Bagge. In the podcast, they interview Dan Wells, partner at Foresight, and Gareth Baker, partner at Gowling WLG. The group discuss the likely impact of the COVID-19 crisis on financing low-carbon infrastructure. Our experts look...