National Grid publishes guidelines for Capacity Market transitional auction

National Grid has published guidelines for the 2016 transitional Capacity Market auction. The secretary of state has set the target capacity for the auction at 900MW and the price cap at £40/kW/year. The transitional auction will take place on 26 January 2016.
New Power subscribers can login to read views on the Capacity Market from Yoav Zingher, chief executive, Kiwi Power and  Alastair Martin, chief executive, Flexitricity.
More on the Capacity Market from the New Power archive: Industry expectations of the second Capacity Market auction.