BEIS has published a letter from Jesse Norman MP (Minister for Energy and Industry) to National Grid, in their capacity as EMR/Capacity Market Delivery Body, confirming the auction parameters for the 2nd Transitional Arrangements Auction, scheduled to open on Wednesday 22nd March.
The overall target for the auction of 300MW of turn-down DSR remains unchanged, although the tolerances around this target have increased from +/-100MW to +/-200MW. The reasons given were that a greater than anticipated amount of capacity prequalified (735MW) and uncertainty around the amount of prequalified capacity that will drop out ahead of the auction.
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