The Regulatory Authorities (RAs) today, 14 May 2018, publish the I-SEM CRM T-4 CY 2022/23 parameters consultation.
This consultation relates to the first T-4 Capacity Auction for the Capacity Year 2022/23 for which the auction is due to take place in March 2019.
In summary this consultation paper includes the following:
- Treatment of constraints in first T-4 capacity auction;
- Auction format;
- Capacity Requirement;
- Loss of Load Expectation (LOLE) Standard;
- Administered Scarcity Pricing (ASP);
- Auction Volumes and Demand Curve;
- T-4 Auction Price Caps for capacity year 2022/23;
- Summary of T-4 proposed parameters.