The Capacity Market has now been reinstated. If you had an agreement in the T4 2016 or 2017 auctions and you have withdrawn the credit cover or if you have conditionally Prequalified in T1 2019 you will be required to repost credit cover with the EMR Settlement Body by Friday 20 December. For Applications from the recent Prequalification round in October 2019 that are required to lodge credit cover with the EMR Settlement Body you will need to do this by Friday 15 November.
SharePoint
  • add link
  • add page
  • close

    ​​​​​​​​​Pre-Auction Submissions​
    ​A number of information exchanges between the Delivery Body and Applicants occur in the period between Prequalification Results Day and the Auction:
    • National Grid will publish information confirming the Capacity Auction timing and Auction Parameters.

    • CMUs that received Conditional Prequalifications must submit the information required to confirm their eligibility to participate in the Capacity Auction.

    • Depending on the CMU type, Applicants can notify us whether and how they wish to participate in the Capacity Auction.
     
    The paragraphs below provide an overview of the key submissions that must be made ahead of the Capacity Market Auction.​
    ​A number of information exchanges between the Delivery Body and Applicants occur in the period between Prequalification Results Day and the Auction:
    • National Grid will publish information confirming the Capacity Auction timing and Auction Parameters.

    • CMUs that received Conditional Prequalifications must submit the information required to confirm their eligibility to participate in the Capacity Auction.

    • Depending on the CMU type, Applicants can notify us whether and how they wish to participate in the Capacity Auction.
     
    The paragraphs below provide an overview of the key submissions that must be made ahead of the Capacity Market Auction.​
    ​PQRD + 32 Working Days​
    ​CMU Prequalifications that are conditional on Applicant Credit Cover must provide confirmation to the Delivery Body that the credit cover required has been lodged with the Settlement Body. We will confirm the CMU's Prequalification status within 5 WD of receiving notice of Applicant Credit Cover.​
    ​Auction – 17 Working Days​
    ​CMU Prequalifications that are conditional on planning must provide confirmation to the Delivery Body that all Relevant Planning Consents have been obtained by no later than 17 WD before the first round of a Capacity Auction. ​
    ​Auction – 15 Working Days​
    ​No later than 15 WD in advance of the Capacity Auction, National Grid will publish information confirming the Capacity Auction date and time. National Grid will also publish the identity of the CMUs that have prequalified for the Capacity Auction and their aggregate De-rated Capacity. At this time, National Grid will also confirm the identity of the Auction Monitor, appointed to verify that the Capacity Auction has been conducted in accordance with the Rules and Regulations.​
    ​Auction – 10 Working Days​
    ​Applicants with prequalified New Build, Refurbishing and DSR CMUs may choose whether or not to participate in the Capacity Auction. These CMUs must confirm to us their intention to participate between 15 and 10 WD before the start of the Capacity Auction.​​​
    Latest News
    REFRESH

    Error loading news!

    There are no news to show.

     Useful Links