Question

To ask the Secretary of State for Energy and Climate Change, what limits he is setting on capacity market payments made through the Levy Control Framework.

The first payment for the main Capacity Market scheme will be made in 2018 – although payments under the transitional arrangements will commence in 2016. Updated Capacity Market budgets will be set for each capacity year following the outcome of the auctions for that year. Each auction will have a price cap to limit payments and protect consumers. The price cap for the first auction to be held in December 2014 is £75/kW.