Great Britain Capacity Market
operational
Forward T-4 and top-up T-1 descending-clock auctions award capacity agreements for delivery-year obligations, with technology-specific derating and agreement lengths.
NESO auction under parameters set by the UK government; uniform clearing price within an auction subject to rules.
- Unit of obligation
- deliver de-rated capacity during system stress events or face penalties, subject to the rules
- Auction held in 2025
- Yes () — Dated from the day the auction ran.
Balancing Mechanism and reserve services procure operational flexibility, not long-term adequacy.
GBP/kW-year capacity payment indexed/settled under agreement terms