GOV.UK (Capacity Market section)
The Capacity Market has been introduced by the UK Government as part of the Electricity Market Reform Programme to ensure the future security of our electricity supply. The Capacity Market offers all capacity providers a steady, predictable revenue stream on which they can base their future investments. In return for such revenue, providers must deliver energy at times of system stress or face penalties.
National Grid (EMR Delivery Body site)
In its role as EMR Delivery Body, National Grid is responsible for the coordination and the implementation of the Capacity Market (CM) and Contracts for Difference (CfD) mechanisms.
EMR Settlement Ltd
EMR Settlement Ltd acts as the delivery partner for the Capacity Market on behalf of the UK Government and is responsible for administering metering and settlement process.
Ofgem (Capacity Market section)
The energy regulator’s duties have been extended to manage and make any changes to the Capacity Market Rules following the results of the first auction.
National Grid (main site)
National Grid own and operate the electricity transmission network in England and Wales, with day to day responsibility for balancing supply and demand. National Grid operate, but do not own the Scottish networks. National Grid own and operate the gas national transmission system in Great Britain, and also own and operate electricity and gas networks in the US.