We are pleased to announce the launch of our new EMR Delivery Body website. To access the new site please click on the Delivery Body Home tab. For CfD Portal Login please click the Contracts for Difference tab.
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    Capacity Market

    The Capacity Market (CM) is one of the key policies of the Electricity Market Reform programme. The CM aims to ensure the future security of our electricity supply at the lowest cost to consumers. The Capacity Market is open to all capacity providers including new and existing power stations, electricity storage plant, capacity provided by voluntary demand reduction and, from 2015 onwards, interconnectors. It offers a steady, predictable revenue stream on which providers can base their future investments.

    In return for Capacity Payments revenue, providers must deliver energy at times of system stress, or face penalties.

    Potential providers secure the right to receive capacity revenues by participating in a competitive auction process which will set the level of Capacity Payments. Capacity Auctions are held four years ahead of delivery, with a subsequent auction held one year ahead. The first Capacity Auction took place in December 2014, for delivery obligations beginning in October 2018.

    Overview
    The Contracts for Difference (CfDs) is intended to provide long-term revenue stabilisation to low-carbon Generators, allowing investment to come forward at a lower cost of capital and therefore at a lower cost to consumers.
    Registration
    The Contracts for Difference (CfDs) is intended to provide long-term revenue stabilisation to low-carbon Generators, allowing investment to come forward at a lower cost of capital and therefore at a lower cost to consumers.
    Prequalitifaction
    The Contracts for Difference (CfDs) is intended to provide long-term revenue stabilisation to low-carbon Generators, allowing investment to come forward at a lower cost of capital and therefore at a lower cost to consumers.
    Pre-Auction Submission
    The Contracts for Difference (CfDs) is intended to provide long-term revenue stabilisation to low-carbon Generators, allowing investment to come forward at a lower cost of capital and therefore at a lower cost to consumers.
    Auction
    The Contracts for Difference (CfDs) is intended to provide long-term revenue stabilisation to low-carbon Generators, allowing investment to come forward at a lower cost of capital and therefore at a lower cost to consumers.
    The CM Register
    The Contracts for Difference (CfDs) is intended to provide long-term revenue stabilisation to low-carbon Generators, allowing investment to come forward at a lower cost of capital and therefore at a lower cost to consumers.
    Delivery
    The Contracts for Difference (CfDs) is intended to provide long-term revenue stabilisation to low-carbon Generators, allowing investment to come forward at a lower cost of capital and therefore at a lower cost to consumers.
    Obligation Trading
    The Contracts for Difference (CfDs) is intended to provide long-term revenue stabilisation to low-carbon Generators, allowing investment to come forward at a lower cost of capital and therefore at a lower cost to consumers.
    Document Library
    The Contracts for Difference (CfDs) is intended to provide long-term revenue stabilisation to low-carbon Generators, allowing investment to come forward at a lower cost of capital and therefore at a lower cost to consumers.
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