BEIS holds off on requiring Capacity Market units to join Balancing Mechanism

The government has decided to hold off on requiring all units in the Capacity Market to also register in the Balancing Mechanism to allow more time for remaining barriers to entry to be removed. The Department for Business, Energy and Industrial Strategy (BEIS) said it still considers the requirement a “worthy change” but it will not be implemented in time for prequalification in 2022 as proposed in a consultation in March.

This content is for members only. Please click here to view the full article.