M

Member

Speaking in the House of Lords on 20 January 2025

Debate

Electricity Capacity Mechanism (Amendment) Regulations 2024

Contribution

It is important to note that the Government have received broad support for these amendments following consultation with key stakeholders, including the energy industry. There has been no significant opposition from industry or Members of Parliament during earlier scrutiny stages. Moreover, the Government’s consultation processes in 2022 and 2024 indicated a clear preference for retaining the capacity market as the primary mechanism for ensuring electricity supply security, reinforcing the ongoing work initiated by the previous Conservative Government and validating the need for these regulatory changes.

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