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The capacity market in Great Britain: on to a second round


The capacity market in Great Britain: on to a second round

Report summary

The second Great Britain power capacity auction will be held on 8 December 2015 for delivery in Winter 2019/20. Wood Mackenzie provides an analysis of last year's auction and of what to expect from the 2015 auction. We conclude that existing capacity will again dominate the auction. New build plants will need to bid aggressively and expect a clearing price below the £25/kW/year price taker threshold if they want to secure a capacity agreement.

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  • The capacity market in Great Britain on to a second round.pdf PDF - 938.83 KB

Description

This Power Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues within the power industry, this report gives you an expert opinion and analysis to help inform your decision making.

Wood Mackenzie's detailed analysis and reliable market forecasts provide a strong reference, enabling a quick and concise description about the relationship between this event and its implications.

Underpinned by our extensive gas, coal and oil markets research, Wood Mackenzie's detailed analysis and reliable market forecasts provide a reliable foundation for investments and corporate planning. We help you understand key regulatory and economic drivers, and emerging industry trends in the power industry.

  • The capacity market in Great Britain: on to a second round
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