Policy Compass
Offshore electricity transmission

Annual Report on the Operation of the Capacity Market in 2023/24

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The 9th report on the operation of the Capacity Market covers the Capacity Market Delivery Year 1 October 2023 to 30 September 2024 (to date). 

Two Capacity Market Auctions were scheduled in this period: 2023/24 T-1 Auction (Delivery Year 2024/25) and 2023/24 T-4 Auction (Delivery Year 2027/28). 

The report describes Auction outcomes, including the Prequalification processes and observations.

Main document

[Annual Report on the Operation of the Capacity Market in 2023/24 [PDF, 771.57KB]

](https://www.ofgem.gov.uk/sites/default/files/2024-08/Final_Annual_Report_on_the_operation_of_the_Capacity_Market_in_2023_24.pdf)

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