CM

  • Press Releases

    Evaluating the T-4 Capacity Market auction

    On 6 March the EMR Delivery Body (National Grid ESO) published the provisional results of the T-4 Capacity Market (CM) auction for the delivery year 2023-24. The clearing price of the auction was £15.97/kW/year procuring 43,749MW of de-rated capacity. Lee Drummee Analyst at Cornwall Insight takes a look at the...

  • Press Releases

    Evaluating the T-3 Capacity Market auction

    On Friday 31 January the EMR Delivery Body (National Grid ESO) published the provisional results of the T-3 Capacity Market (CM) auction for the delivery year 2022-23. The clearing price was £6.44/kW/year, the auction procured 45,058.8MW of de-rated capacity. Lee Drummee Analyst at Cornwall Insight takes a look at the...

  • Press Releases

    Collecting Capacity Market payments could prove tricky

    On 24 October the European Commission (EC) announced its decision to approve the GB Capacity Market (CM). The standstill payments of ~£1bn are due to be issued on 14 November with a payment deadline of 21 November. However, the process of collecting and distributing deferred capacity payments could prove tricky....

  • Press Releases

    Cornwall Insight responds to the European Commission approving the British Capacity Market Scheme

    Commenting on the European Commission’s announcement Tom Edwards Senior Modeller at Cornwall Insight, said:  “A commission investigation has found Great Britain’s (GB’s) Capacity Market to be in line with EU State Aid rules, and necessary to guarantee the security of supply. It also did not find any evidence that the...