Capacity Market: Rule Amendments to support Auction Liquidity

Closed 5 May 2024

Opened 8 Apr 2024

Overview

This consultation seeks views on proposals designed to tackle potential risks which have been identified since the commencement of Capacity Market emissions verifications. This is to ensure auction liquidity is not needlessly adversely affected by the verification process.

The consultation includes a proposal to introduce a conditional deadline extension for CM applicants which are required to submit a verified emissions declaration at prequalification, as well as other amendments and improvements to ensure the functionality of the verification process.

Read the consultation document on GOV.UK.

Audiences

  • SMEs (small and medium businesses)
  • Large businesses (over 250 staff)
  • Multinational businesses
  • Trade bodies
  • Medium business (50 to 250 staff)
  • Micro business (up to 9 staff)
  • Small business (10 to 49 staff)
  • Oil and Gas
  • Coal

Interests

  • Regulation and red tape
  • Coal
  • Oil and Gas
  • Security and resilience
  • Energy and climate change
  • Oil and gas
  • Electricity
  • Carbon budgets
  • Emissions