The Council welcomes the opportunity to provide feedback to the ESB on the Capacity Mechanism Project High-level Design Paper (the Paper). The Council will focus its response on the Capacity Mechanism Project, but within the context of the broader Post 2025 NEM reforms. As per the Council’s submission in January 2022, the Council supports the development of a mechanism which incentivises the right technologies and structures to ensure the grid can be maintained in a secure state during times of maximum duress, whether that be lack of supply to match demand, or lack of demand to match supply.
