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<p>The Capacity Market is securing the capacity required to meet peak electricity
demand through auctions held four and one year ahead of delivery. It supports technically
reliable existing plant to remain in the market and, as coal and other ageing plant
retire, it strengthens incentives for new plant to be financed and built.</p><p> </p><p>The
Capacity Market has already secured over 5.4GW of new build capacity for delivery
between 2018/19 and 2021/22. Alongside traditional gas generation, significant levels
of alternative, innovative new capacity, such as demand-side response (DSR) and battery
storage, has been brought forward. This wide range of new resources is helping deliver
the security, reliability and flexibility that the country needs.</p><p> </p><p>Other
measures being taken to ensure the security of electricity supply include the broadening
of the UK’s generation base through the deployment of new nuclear generation, with
Hinkley Point C under construction, and offshore wind.</p>
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