We will be hosting our first CMAG Webinar on Wednesday 24 April 2024 10:00 – 11:30am, via Teams. For more information on our Agenda and how to join, please visit our Meeting and Events page.…
The Department for Energy Security and Net Zero (DESNZ) has published its ‘Capacity Market 2023: Phase 2 proposals and 10 year review’ Consultation.
The Consultation can be accessed from the DESNZ Consultation Webpage and closes at 11:45pm Friday 8 December 2023.…
Ofgem has published its Statutory Consultation on three CM Rules Change Proposals. The Consultation can be accessed online, with responses due by 5 January 2024.…
Join our mailing list to receive updates on Capacity Market related news and meetings from CMAG. For more information on what to expect from the mailing list, please contact the CMAG.…
Latest Change Proposal Updates
CP376: Clarifying restrictions on the role of Agent
What is the issue?
The policy intent for Rule 3.3.5 is that each single CMU or multiple CMUs who all belong to the same Group (a holding company and its subsidiaries) is represented either by the Applicant themselves or by a nominated Agent who acts as Applicant, Bidder and/or Capacity Provider for only that CMU or the CMUs of that …
CP375: Merging Capacity Market Units
What is the issue?
CM Rules prohibit a change in Capacity Market Unit (CMU) configuration after Prequalification. This prevents Agreement holders from changing CMUs to reflect changes in project development and/or commercial structures. This may limit the commercial flexibility of Agreement holders, increasing the risk of project non-delivery, preventing more efficient commercial structures, and ultimately increasing Capacity Market costs.
What …
CP374: Splitting Capacity Market Units
What is the issue?
The CM Rules prohibit a change in Capacity Market Unit (CMU) configuration after Prequalification. This prevents Agreement holders from changing CMUs to reflect changes in project development and/or commercial structures. This can limit the commercial flexibility of Agreement holders, increasing the risk of project non-delivery, preventing more efficient commercial structures, and ultimately increasing Capacity Market costs.…