The following Energy guidance note provides comprehensive and up to date legal information covering:
The Capacity Market (CM) is there to ensure there is sufficient investment in the overall level of reliable capacity necessary to provide secure electricity supplies. The CM works by giving capacity providers a regular retainer in return for such providers agreeing to provide capacity when the system is tight, as an insurance policy against future black outs. For more information on the CM, see Practice Note: Capacity Market—key features.
The CM is one of the key mechanisms used by the government to introduce electricity market reform (EMR) (see Practice Note: Electricity Market Reform (EMR)).
This CM tracker provides chronological displays of the current status and most recent developments in relation to the CM since February 2015, covering all consultations, regulatory guidance publications and key amendments to the CM legislation and the Capacity Market Rules.
For a dedicated Practice Note exclusively on the Capacity Market Rules (CM Rules), including links to the current version of the CM Rules and all historic amendments and consolidated versions of the CM Rules see Practice Note: The Capacity Market Rules.
On 15 November 2018 payments under the CM and future CM support were suspended. This came as a result of the General Court issuing its judgment in Case T-793/14 Tempus Energy Ltd and Tempus Energy Technology Ltd v Commission (Tempus Judgment), annulling the Commission’s decision of 23 July 2014 which found that the aid scheme establishing a
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