Capacity Market: Proposals to maintain security of supply and enable flexible capacity to decarbonise

Closes 10 Dec 2024

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Consultation: Lifetime extensions

Please refer to Chapter 4 of the consultation document.

1. Do you support the proposal of changing the CM to reduce capacity risks by facilitating investment to extend the lifetime of CMUs?
2. Do you agree that lowering the capex threshold in this way would achieve the desired outcome? Please provide detail with your answer. 
3. Do you agree with the proposed reference cost level underpinning the new capex threshold?
4. In your opinion, would this proposal result in a gaming risk; and would the proposed Independent Technical Expert certification be sufficient to mitigate the risk?
5. Do you have any views on how the proposed Independent Technical Expert certification should be implemented in a way that is proportionate and reasonable? 
6. Are there any potential unintended consequences or risks that you think the government should consider?