CP1313

Formal title: Remove Elexon from the Minimum Eligible Amount (MEA) request process

Current Status

Submission
Assessment
CPC Consultation
Committee Decision
Awaiting Implementation
Implemented

Summary

A Minimum Eligible Amount (MEA) is the amount of credit cover a Party needs to have lodged with the Funds Administration Agent (FAA). Parties can request to reduce the credit they have lodged by submitting a form (in BSCP301 ) to ECVAA. This is known as a MEA request. CP1313 seeks to amend the current MEA process, as including Elexon in this process does not add value, and creates an inefficient process.

Progression

CP1313 was raised on 28 August 2009. CP1313 was issued for Industry Impact Assessment as part of CPC00668. The ISG approved this CP and it was implemented as part of the the February 2010 Release.

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