This is an independent process and impact evaluation of the Capacity Market scheme carried out by Technopolis Ltd on behalf of the Department for Energy Security and Net Zero.

The evaluation aims to:

• determine whether the Capacity Market has historically met its objectives and how it has done it
• provide evidence on the potential need for future market intervention to ensure the security of supply and how it compares to the current scheme design
• provide learning about how the individual components of the scheme could be included in any future market interventions

The findings in this report will be used to support the 10-year review of the Capacity Market scheme.

Nadia Maki
Senior Consultant

Dan Cook
Principal Consultant

Fraser Macleod
Partner

Fernanda Rios Beltrán
Consultant

Isobel Urquhart
Consultant