Prior to a capacity auction, a number of capacity auction parameters must be set.
On 5 February 2020, the SEM Committee consulted on the proposed parameters for the 2024/25 T-4 auction. Within this paper, the SEM Committee also consulted on potential changes to the Capacity Remuneration Mechanism to comply with the Clean Energy Package.
Having considered the responses received to this consultation, the SEM Committee is today, 5 June 2020, publishing its decision on the auction parameters and Clean Energy Package compliance. The responses to the consultation are also published.