- May 2015
- Aug 2015
1. In May 2015, Ofgem opened an investigation into Power Balancing Services Ltd’s compliance with Rule 5.13.1 (b) of the Capacity Market Rules.
2. In particular Ofgem investigated whether Power Balancing Services Ltd provided false or misleading information to the Delivery Body regarding whether it had obtained all relevant planning consents in relation to certain Capacity Market Units (CMU’s) which participated in the T-4 capacity Auction in December 2014.
3. We have decided to close the investigation as Power Balancing Services Ltd has provided Ofgem with information which satisfactorily confirms that there was not a breach of the Capacity Market Rules.