Capacity Market—five-year review

Table of contents

• Original news
• What is the background to this report?
• What are the key findings to come out of the report?
• What do you expect to see coming up for consultation in the future?
• Is five years the right time scale to judge how the market is developing?
• Were there any surprises arising out of the report?
• What, if any, changes to the CM are to be made following the report?

Article summary

Energy analysis: The government’s report on its five-year review of the Capacity Market (CM) concludes that the mechanism is necessary for maintaining security of supply and that the rules governing the market continue to be appropriate and cost-effective. Matthew Brown, senior associate, and Juliet Stradling, of counsel, both at CMS, note the government remains committed to the fundamentals of the mechanism but signal a number of potential areas for development.