William Cash – 2016 Parliamentary Question to the Department for Energy and Climate Change

The below Parliamentary question was asked by William Cash on 2016-05-18.

To ask the Secretary of State for Energy and Climate Change, what measures she is taking to reassure existing electricity generators that the capacity market is fair and stable.

Andrea Leadsom

The Capacity Market design will enable competition between new and existing capacity and between different technologies so that all providers of capacity have the right incentives to make efficient decisions about investment in, and operation of, their assets. We work with all stakeholders to review the Capacity Market continuously to ensure it remains a fair competition and have acted to ensure a level playing field which retains the confidence of bidders and investors.The Rules governing the operation of the Capacity Market mechanism are managed by Ofgem to ensure both a fair and stable process.