House of Commons · Written Ministerial Statement
Capacity Market December Publications
16 December 2024 · Department for Energy Security and Net Zero
Proposed by Michael Shanks Lab Rutherglen
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- The government has published a consultation on updating Capacity Market Rules.
- A Call for Evidence on improving consumer-led flexibility has been released.
- A statutory report summarising the market's performance over five years is available.
Issue summary
The minister is publishing consultations and reports related to improvements in the Capacity Market Rules and consumer-led flexibility.
Action requested
The government has published a consultation on updating Capacity Market Rules, a Call for Evidence on improving consumer-led flexibility, and a statutory report summarising the market's performance over five years. The aim is to enhance accessibility and functionality while ensuring security of supply.
Key facts
- Introduced in 2014, the Capacity Market ensures sufficient electricity capacity during peak demand periods.
- The consultation explores policies to streamline consumer-led flexibility participation and proposes rule changes for better market clarity.
- A Call for Evidence seeks views on categorising Demand Side Response mechanisms and portfolio management improvements.
- The second statutory Five-year review covers 2019 to 2024, summarizing the Capacity Market's performance.
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