market · major

First UK Capacity Market T-4 auction clears

19 December 2014 → 19 December 2014

First T-4 Capacity Market auction cleared 19 Dec 2014 at £19.40/kW/yr for 2018/19 delivery, securing 49.3 GW of de-rated capacity. The principal post-EMR mechanism for keeping dispatchable plant on the system; criticised for paying CCGTs and coal that would have run anyway.

Affected fuels: gas, coal, nuclear, storage

Countries: GB

Sources

  1. www.gov.uk(accessed 2026-04-26)
  2. www.ofgem.gov.uk(accessed 2026-04-26)

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