UK Power Reserve - Capacity Market Rules change proposal 1
Change Proposal
- Publication date
This submission contains two alternative proposals relating to the Price-Maker component of the auction design. Firstly it is proposed that the Price-Maker Status of participants could be made publically available on the Capacity Market Register ahead of the auction. Secondly, and alternatively, it is proposed that CMUs that have Price-Maker status should be restricted to bidding between the price-taker threshold and the auction price cap. It is suggested that either of these changes would create a more transparent and robust market design and capture the objectives of including a price-maker/price-taker divide.
Proposal rules area
Capacity Auctions
Proposal organisation
UK Power Reserve