Prior to a capacity auction, a number of capacity auction parameters must be set. On 13 June 2022, the SEM Committee consulted on the proposed parameters for the 2026/27 T-4 auction. Within this paper, the SEM Committee also consulted on a potential new Warrant Framework for Annual Run Hour Plants and their de-rating factors. Having considered the responses received to this consultation, the SEM Committee is today, 16 August 2022, publishing its decision on the auction parameters and De-Rating Factors. |