On Monday 19 February, Regen and the Electricity Storage Network issued their response to Ofgem’s ten-year review of the Capacity Market (CM) rules consultation, setting out a series of recommendations.
On Tuesday 30 January, DESNZ published a letter confirming the Capacity Market Auction Parameters for delivery years 2024-25 and 2027-28.
The UK Government published a consultation on Thursday 11 January seeking views on potential changes to Allocation Round 7 (AR7) and future allocation rounds of the Contracts for Difference (CfD) scheme.
On Monday 8 January, Ofgem issued a consultation on its Ten-Year Review of the Capacity Market (CM) Rules. Specifically, the regulator is seeking input on the appropriateness of the CM’s intended objectives, which include the promotion of investment in capacity to ensure security of electricity supply and the facilitation of the efficient operation and administration of the CM.
In November 2023, the Electricity System Operator (ESO) published its assessment and conclusions of Phase 4 of its Net Zero Market Reform (NZMR) programme.
On Tuesday 28 November, the Environmental Audit Committee (EAC) published a new report, The financial sector and the UK’s net zero transition.