We have today published an Information Note on a proposal to introduce an intermediate length contract refurbishment category within the Capacity Auction Exception Application process.
The Regulatory Authorities (RAs) acknowledge an increasing need for a category of plant refurbishment within the process for existing generation portfolio. The SEM Committee has asked the RAs to develop a policy that will implement an intermediate length contract refurbishment category within the Capacity Auction Exception Application process. It is the intent of the RAs that the policy will be made available within the T-4 2028/2029 Capacity Auction.