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Decision on the Delivery Body's review of the Relevant Balancing Services Guidelines 2024

OFGEM·decision·low·25 Mar 2024·source document

Summary

Ofgem approves revisions to the Relevant Balancing Services Guidelines proposed by the Capacity Market Delivery Body for 2024. The decision letter outlines which specific changes have been accepted to the technical guidelines that determine which balancing services are relevant for capacity market participation.

Why it matters

Parameter adjustment to existing capacity market rules rather than structural reform. The guidelines determine which balancing services count towards capacity market obligations, as such minor revisions affect compliance costs for capacity providers but do not change market design fundamentals.

Key facts

  • Decision published 25 March 2024
  • Revisions apply to 2024 guidelines

Areas affected

capacity marketgenerators

Related programmes

Capacity Market
Memo

Decision on the Delivery Body's review of the Relevant Balancing Services Guidelines 2024 | Ofgem Please enable JavaScript in your web browser to get the best experience. BETA This site is currently in BETA. Help us improve by giving us your feedback . Close alert: Decision on the Delivery Body's review of the Relevant Balancing Services Guidelines 2024 Publication type: Decision Publication date: 25 March 2024 Topic: Electricity transmission Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn This letter outlines our decision on revisions proposed by Capacity Market Delivery Body to the Relevant Balancing Services Guidelines for 2024. Main document Decision on the Delivery Body's review of the Relevant Balancing Services Guidelines 2024 [PDF, 104.29KB] Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn Close