Annual Report on the Operation of the Capacity Market in 2022/23
Reports, plans and updates
- Publication date
- Industry sector
- Transmission Network
- Offshore Transmission Network
- Generation and Wholesale Market
The eighth report on the operation of the Capacity Market (CM) covers the Capacity Market Delivery Year (“Delivery Year”) 1 October 2022 to 30 September 2023 (to date). Two CM Auctions were scheduled in this period: 2022/23 T-1 Auction (Delivery Year 2023/24) and 2022/23 T-4 Auction (Delivery Year 2026/27). The report describes Auction outcomes, including Prequalification processes and observations.
We are planning to consider a further optimal approach for the format of the 2023/24 CM Operation Report, and we would welcome stakeholder views to get a better understanding on how this CM Operations report is used. This approach may include alternative and possibly streamlined reporting approaches. We would like to know the following from stakeholders:
- What the value of the CM Operations Report is to industry?
- Which parts of the report are most useful?
- Are there any CM operation areas where reporting is not currently available but could be useful?
If you have any thoughts on the above questions, please contact us by 23 October 2023 via the following address EMR_CMRules@ofgem.gov.uk.