Capacity Market: Proposed changes for Prequalification 2026

Closes 27 Nov 2025

Multiple Price Capacity Market

1. Do you agree that the proposed price-related reforms will be effective in achieving the CM's security of supply objective?
2. If you disagree, please provide reasons for your disagreement and evidence to support your views.
3. Do you agree that targeting access to higher prices than currently allowed will be effective in achieving the CM’s cost-effectiveness objective?
4. If you disagree, please provide evidence for your response.
5. Do you agree with the proposed category of eligible capacity?
6. If you disagree, please provide evidence to support your position.
7. Do you agree with the minded-to position to implement option 6 as the design of the multiple-price Capacity Market?
8. If you disagree, please explain which approach you would favour and why.
9. What would be an appropriate level for the new, higher price cap, to make eligible new build dispatchable enduring projects commercially viable? Please provide evidence to support your position.
10. What factors and considerations should be taken into account when deciding whether and at what volume to set a sub-target for eligible capacity?
11. What, if any, practical changes beyond those set out in the consultation do you consider would be needed or merited to implement the proposed design?