Dear Participant,

Please be advised the updated Capacity Market Auction Guidelines have been released for the T-1 and T-4 Capacity Market Auctions. The Parameters Letter is available on the BEIS website located here.

The updated Capacity Market Auction Guidelines can be found here and contain the updated T-1 and T-4 Auction Parameters and timeline of events for these Auctions. The Update to Demand Curve Report for each of the Capacity Auctions are available at the links below.

T-1 Capacity Market Guidelines for DY 2022-23
T-1 Demand Curve Update
T-4 Capacity Market Guidelines for DY 2025-26
T-4 Demand Curve Update

We have extracted relevant dates relating to the Auctions for your convenience:

	T-1	T-4
Confirmation of Entry Window opens	25^th January 2022	1^st February 2022
Confirmation of Entry Window closes	1^st February 2022	8^th February 2022
Mock Auction	3^rd February 2022	10^th February 2022
Start of Live Auction	15^th February 2022	22^nd February 2022

Please see links to Pre-Auction Activities Guidance to remind applicants of the activities which need to be completed before the Live Capacity Market Auctions and during the Confirmation of Entry Window which is open at 9am today for the T-1 Auction. For the T-4 Auction some tasks can only be completed once the Confirmation of Entry window has opened:

Video walkthroughs of the Pre-Auction Activities can be found here on the EMR Delivery Body YouTube channel.

The EMR Delivery Body would also like to take this opportunity to request feedback via our Auction Readiness Survey on how you have found the Pre-Auction Guidance for this year's Capacity Market Auctions for your Auction Readiness. Participants can access the Auction Readiness Survey by clicking on the link here. Feedback is greatly welcomed as it will help identify areas where the EMR Delivery Body is doing well but also help to improve the service we provide to you in preparing you for the Capacity Market Auctions.

Should you have any questions or queries on this email or anything else, please contact the EMR Delivery Body team at emr@nationalgrideso.com or 01926 655300.

Regards

Capacity Market Auction Team

EMR Delivery Body

nationalgridESO

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