9/8/2023 0 Comments National grid electric login![]() ![]() The UK government will hold a T-1 top-up auction during summer 2019, for delivery in winter 2019/20, making any agreements conditional on the outcome of the Commission’s formal investigation. We are working closely together with the Commission to ensure that the Commission has everything necessary to enable it to re-consider the case for approval of the CM scheme as quickly as possible. Additional actions will be taken to explore continuity in supplier charging arrangements. the results of all auctions to date would stand, and further auctions could be heldĪt the request of the UK government, National Grid and the Electricity Settlements Company are continuing to operate the Capacity Market scheme in the meantime, short of making payments, to ensure that capacity providers may be eligible for deferred payments after the standstill period (subject to State aid clearance).aid granted under the GB CM before the judgment would be considered compatible with the internal market (such as capacity agreements arising from auctions held to date, and capacity payments in respect of those agreements).It is one possible outcome of the investigation that the Commission reaches a positive decision after its investigation. Subsequently, third parties will be able to submit comments on the decision. The Commission envisages issuing an Opening Decision to open the formal investigation in early 2019. As such, we are exploring together with the Commission the most rapid and effective path to conduct the formal investigation into the scheme in a way that meets all process requirements referred to in the judgment. The Court did not find the design of the GB CM to be incompatible with State aid guidelines. This follows the judgment of the General Court of the Court of Justice of the European Union in Case T-793/14 and the standstill period it has imposed on the CM. The UK government is working closely with the European Commission on the necessary steps for the GB Capacity Market ( CM) scheme to be investigated as quickly as possible. 6 December 2018: Capacity Market State Aid process In July 2022, the Minister of State for Energy, Clean Growth and Climate Change wrote to National Grid ESO to announce the initial parameters for the 2 Capacity Market auctions in 2023. 21-22 February 2023: 4-year ahead T-4 auction for the 2026 to 2027 Delivery Year.14-15 February 2023: one-year ahead T-1 auction for the 2023 to 2024 Delivery Year.23 January 2023: adjustments to the Capacity Market Auction parameters 2023 publishedīEIS announced the final auction parameters for the upcoming Capacity Market auctions in February 2023, including the volume of capacity to be secured. The Capacity Market has also been designed to support the development of more active demand management in the electricity market. This will encourage the investment we need to replace older power stations and provide backup for more intermittent and inflexible low carbon generation sources. Part of the government’s Electricity Market Reform package, the Capacity Market will ensure security of electricity supply by providing a payment for reliable sources of capacity, alongside their electricity revenues, to ensure they deliver energy when needed.
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