Slides: ESB Capacity Mechanism Proposal and other options

Paying power generators for their available capacity – on top of the energy they sell to the grid – could lock in high emissions from coal and gas-fired power plants, deter new entrants and add substantially to already high household power bills.

Capacity Mechanism Proposal will not solve the current problems facing the National Energy Market – as it will not provide certainty around coal exits and may lock in high emissions system for longer while discouraging new entrants 

So-called “capacity mechanism” payments are not the solution to supply and cost issues affecting the National Electricity Market (NEM).