On 16 June 2023, the RAs published the Capacity Market Code Modifications Consultation Paper (SEM-23-044) relating to the proposed modification:
CMC_12_23: Facilitation of Unit Specific Price Caps for Existing Capacity in Excess of the Auction Price Cap
The consultation period for the proposal ended on 21 July 2023 and today, 11 December 2023, the SEM Committee publishes the Decision Paper.
This paper contains a summary of the comments received during the consultation and details of the final decision.
View decision paper on the publications section of our website.