Capacity Providers

    Press Releases & Announcements

    Capacity providers paid over £1bn in full settlement of CM standstill period

    Jan. 20, 2020

    The Electricity Settlements Company (ESC) has announced that capacity providers have today been paid over £1bn in full settlement of their deferred

    ESC Annual Performance Report 2019 published

    Jan. 08, 2020

    Electricity Settlements Company (ESC) has published today, 8 January 2020, its

    Publications

    LCCC-ESC press notice: Capacity providers paid over £1bn in full settlement of CM standstill period

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    Jan. 20, 2020 Download

    The Electricity Settlements Company (ESC) has announced that capacity providers have today been paid over £1bn, in full settlement of their deferred capacity payments for the standstill period. The payment is a major milestone in the restart of the capacity market scheme, following suspension of payments to generators and collections from suppliers as a result of the November 2018 ruling by the European Union General Court of Justice, and the consequent introduction of a standstill period for the scheme.