Proposed change to Capacity Market rules will cause a potential headache for battery storage developers

In the 2016 Capacity Market auction, approximately 500 MW of battery storage projects were awarded contracts. It is anticipated that the number will increase significantly this year. However, proposed changes to the Capacity Market rules proposed by the Department for Business Enterprise & Industrial Strategy (BEIS) in a consultation document issued in July 2017 entitled Capacity Market Consultation – Improving the Framework may cause that prediction to be revised. The deadline for response to the consultation is 8 September 2017. …http://www.shma.co.uk/Blog/Proposed-change-to-Capacity-Market-rules-will-cause-a-potential-headache-for-battery-storage-developers-43171.aspx