Research and analysis
Capacity Market: 10-year review (2019 to 2024)
A review of the Capacity Market during the last 5 years of operation. This is the second 5-year review of the Capacity Market for the period 2019 to 2024.
Documents
Details
The Capacity Market (CM) was introduced in 2014 as part of the Electricity Market Reform (EMR) programme, which also set out the obligation for periodic reviews. The first 5-year Review of the CM was conducted in 2019.
This is the second 5-year review, referred to as the ‘10-year review’, which assesses and analyses the performance of the CM against its objectives.