Capacity Market: Proposal regarding locational changes of Capacity Market Units

Overview

The Capacity Market (CM) is regularly reviewed to ensure it remains fit for purpose, reflects changing market conditions and that the CM Rules ensure effective delivery and encourage participation to create competitive auctions.

The government has recently published a consultation on proposed changes to the Capacity Market Rules and Regulations. Alongside this, an urgent reform has been identified which requires a change to the Capacity Market Rules as soon as possible. The proposal aims to enhance the functionality of the scheme and strengthen delivery assurance.