top of page

Suspended Capacity Market Auction Soon to be Approved to Run?

Paul Ingram

The T-1 Capacity Market auction, which was originally meant to take place in January this year, will go ahead “as soon as reasonably practicable”, says Greg Clark, Energy secretary, in a letter to the National Grid.

The suspension came after the General Court of the Court of Justice of the European Union found in favour of Tempus Energy, against the European Commission, annulling the Commission’s State aid approval for the UK Capacity Market.

The T-1 auction is created to help top-up energy capacity for 2019/2020 winter period. Which is a vital element of securing our national power supply during this period, with increased heating and energy use, as well as lower output from clean renewables.

Though the Capacity Market service was halted and investigated, the UK government is keen to keep it going and moving forward. However, until the investigation returns a verdict, all the payments under this new arranged action will be pending approval. Though the Department for Business, Energy and Industrial Strategy (BEIS), who confirmed that they too want the action to go ahead, explained that both Houses of Parliament will need to agree before it officially goes ahead.

0 comments
Our Details

Unit 13 Newby Road Industrial Estate

Hazel Grove

Stockport

SK7 5DA

See our Location 


Tel: 0161 456 2733

Contact Form

Follow Us
  • Twitter Social Icon
  • LinkedIn Social Icon
  • Yelp Social Icon
Ingram Power Group H.png

iPower Generation are part of the Ingram Power Group. A team of companies offering a range of Generator and power systems for a wide range of applications.

Working within this groups gives us a wider range of knowledge and ability to better serve our customers.

 

We represent the Green Power Generation division of the group, with our Clean, Low Carbon, and efficient generators and power systems. With our specialities in flexible instant response, energy storage and generation products, as well as our Off-Grid Electric Car Charging.

Copyright 2024 iPower Generation. All Rights Reserved 

All our calls are recorded for training and monitoring purposes

bottom of page