Glossary

Credit Assessment Price to increase on 8 September 2021

Following consultation, the Credit Assessment Price (CAP) will increase from £96/MWh to  £113/MWh, effective from Wednesday 8 September 2021.

How it impacts you

As a result of the increase, Parties may notice a change in their Credit Cover Percentage and should review the amount of Credit Cover lodged. 

About the consultation

A consultation paper on the value of Credit Assessment Price (CAP) was issued on Monday 9 August 2021 following a breach of the CAP trigger level. BSC Parties were invited to indicate whether they agreed with the proposal to increase the value of CAP to £113/MWh, from the current value of £96/MWh.

The consultation closed on Tuesday 17 August 2021. No responses disagreed with the proposed value and therefore, in accordance with the CAP Review Guidance, a Credit Committee meeting will not be held.

Background to the Credit Assessment price

My BSC

Click on the X next to any of the icons to replace them with a short-cut link to the page you are currently on or search for a specific page.

List of BSC Insights

Previous Circulars

Training services

Market Entry

Charge Codes and Switch Regimes

Add New

×

Or