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Published: 5/12/2020. Updated: 5/12/2020

PUBLIC CONSULTATION ON THE CONCEPT FOR LITHUANIAN CAPACITY MECHANISM AUCTION PRICE AND BID CAP CALCULATION


National Energy Regulatory Council (hereinafter – Council) has published a document for the public consultation on the concept for capacity mechanism auction price and bid cap calculation. Council has prepared this document taking into account the foreseen capacity mechanism measure in Lithuania proposed by the Ministry of Energy of the Republic of Lithuania.

This public consultation was published to allow market participants to familiarize themselves with foreseen key principles of the Lithuanian capacity mechanism auction price and bid cap calculation and to comment on them.  After assessing the comments and suggestions from stakeholders, Council will prepare and publish for public consultation a draft methodology for setting the maximum price.

Comments and opinions could be provided until May 20, 2020 (link to public consultation could be found here (in Lithuanian only).

The submitted comments and suggestions are published here.