There is no time to pause for reflection following the first Capacity Market auction: the second is less than a year away and Decc is already starting a two-year cycle for the next. But there are lessons to be learned about the process and questions raised over the outcome.
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New uncertainty has been created around the allocation process for Contracts for Difference (CfDs) as four offshore wind farms thought likely to enter the auction round have to do so under threat of judicial review of their development consent ord
The cost of the new Capacity Market (CM) is "unbelievably sensitive" to a range of factors in the bids submitted to the process, including the number of years used to recover costs, electricity prices and prices bid into the auction, Dan Roberts o
The Select Committee on Energy and Climate Change has opened a new inquiry into the implementation of electricity market reform (EMR).
It will ask:
In December the attention of the renewables industry will be focused on the government’s inaugural Contracts for Difference allocation round.
The total administration costs of the Low Carbon Contracts Company (LCCC) and the Electricity Settlements Company (ESC) will add on average 18 pence to household bills in 2015/16, according to estimates set out for consultation by Decc.