cap and floor

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Capacity Market

Cornwall Insight on Capacity Market prequalification

Cornwall Insight on Capacity Market prequalification: On 11 December the EMR Delivery Body (National Grid ESO) published the prequalification registers for the T-1 (2021-22) and T-4 (2024-25) Capacity Market (CM) auctions. The headline figure from the prequalification register is 54.0GW of de-rated capacity has prequalified for the T-4 auction against a target of 41.2GW. However,…
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Maximum revenues set for UK-Denmark interconnector

Maximum revenues set for UK-Denmark interconnector: The 1.4GW Viking Link project Final Project Assessment has been published by Ofgem, which will connect the UK from Lincolnshire to Denmark. The regulator under its cap and floor scheme, sets the cap on the maximum revenue a developer can earn and a floor for the minimum. Currently standing…
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