Credit Assessment Price (CAP) review consultation: 16 December 2019

Summary

This consultation seeks respondents’ views on decreasing the CAP to £47/MWh from the last notified value of £54/MWh.

This change can affect the level of Credit Cover that you are required to lodge, so we encourage you to respond to the consultation.

If at least one respondent or Credit Committee member requests it, Elexon will arrange a Credit Committee meeting after the consultation closes to determine the new CAP value.

Outcome

No responses were in disagreement with the new suggested CAP value. As such, no Credit Committee meeting was held and the proposed CAP value was implemented on the date stated in the consultation.

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