On 8 April 2020 the RAs published the Urgent Capacity Market Code Modifications Consultation Paper (SEM-20-023) relating to the proposed modification CMC_05_20 – Modification to Implement amendments as required by the Clean Energy Package Regulation EU 2019/943.
The modification proposes to update the Capacity Market Code with the requirements placed upon capacity markets, as set out in the Energy Regulation EU 2019/943 which forms part of the European Clean Energy Package arrangements. The particular focus of this modification relates to compliance with the emissions limits as set out in Article 22 (4) of the Regulation.
The consultation period for this proposal ended on 20 April and today, 24 April 2020, the SEM Committee, publishes the decision paper, having reflected on the responses and having made further amendments to the proposed modification.
This paper contains a summary of the comments received during the consultation, the individual responses provided to the consultation and detail of the final decision.