On Thursday 22 February, the Competition and Markets Authority (CMA) reported that the Subsidy Advice Unit (SAU) has accepted a request for a report from DESNZ concerning its proposed Capacity Market (CM) scheme.
On Monday 19 February, Regen and the Electricity Storage Network issued their response to Ofgem’s ten-year review of the Capacity Market (CM) rules consultation, setting out a series of recommendations.
On Tuesday 30 January, DESNZ published a letter confirming the Capacity Market Auction Parameters for delivery years 2024-25 and 2027-28.
DESNZ published its annual report to Parliament on Tuesday 19 December, setting out the progress made on the Contracts for Difference (CfD) and Capacity Markets scheme in 2023.
On Tuesday 19 December, DESNZ issued a consultation on several proposed changes to the Standard Terms and Conditions (STCs) and the Private Network (PN) Agreement for Allocation Round 6 (AR6) of the Contracts for Difference (CfD) scheme, which is scheduled to open in March 2024.
On Thursday 16 November, DESNZ published a consultation on its proposal to introduce a Contracts for Difference (CfD) Sustainable Industry Reward (SIR) from Allocation Round 7 (AR7) onwards. It noted that following feedback to its April 2023 call for evidence on the potential introduction of non-price factors into the CfD auction, it has decided to put forward more refined ideas for consultation and that going forward non-price factors will be referred to as the CfD SIR.