T-4 Capacity Market

  • Press Releases

    Ageing power plants forecast to drive up grid supply costs until end of decade

    New forecasts from Cornwall Insight’s Power Curve Report show that the price paid to electricity generators to maintain a stable electricity supply in the UK will remain at least £51 per kilowatt (kW) annually until the end of the decade. Substantially higher than the current £18kW rates. Ageing power plants...

  • Press Releases

    New competition for upcoming Capacity Market auctions

    Research from Cornwall Insight’s Capacity Market Forecast highlights that the recent changes in Capacity Market (CM) rules and the technology mix will see greater competition and change in the technology entering* the T-4 auction in March 2021 compared to the previous T-4 auction. Forecasted changes to the technology mix entering...

  • 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...