Subscriber Webinar

TUESDAY 13 FEBRUARY | 14:30–16:00 GMT

Out with the New, In with the Old: GB Capacity Market 2024/25 T-1 and 2027/28 T-4 Auction Forecasts

Ahead of the 2024 T-1 and T-4 Capacity Market auctions, this session will explore our analysis of prequalified capacity, key factors influencing bidding behaviour, and modelled scenarios on auction clearing prices and winning capacities.

In addition, the session will also focus on the implications of the as-yet-unpublished conclusions of the Review of Electricity Market Arrangements (REMA), including key considerations for the future market design for the security of supply and of the wider economic climate.

Key questions to be explored in the session include the following:

  • What are the key factors that will influence bidding behaviour in the T-1 and T-4 auctions?
  • What is the range of clearing prices, and who are the winners and losers?
  • What does the return of two refurbishing gas CCGT plants signify, and how will they impact the auctions?
  • What will the security of supply look like over the next 10 years, and do we have the necessary pipeline of firm capacity?

If you have any questions, please reach out to Holly Gardner.

Subscribers Only

This session is for GB Power Market and GB Renewables subscribers only.


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