Ten-year Review of the Capacity Market Rules
Reports, plans and updates
- Publication date
- Industry sector
- Generation and Wholesale Market
In January 2024 we consulted on our Ten Year Review of the Capacity Market Rules (“Rules”). This consultation invited stakeholders to provide feedback on proposed amendments to the Rules, as well as respond to wider policy questions on the Capacity Market framework.
The report includes responses to that consultation alongside the official view of the Authority. Furthermore, the report includes a summary of Capacity Market Rules that require further investigation. Ofgem continue to proactively seek solutions to the issues raised here.
This document is intended to meet the requirements of Regulation 82 of the Electricity Capacity Regulations 2014 (“Regulations”) and Rule 15.2 of the Capacity Market Rules 2014, which require the Authority to carry out a review of the Rules every five years. The previous Five Year Review was published in July 2019.