Glossary

Consultations for all Process, Operational and Credit areas

This page lists all Consultations relating to BSC and code processes, Market Entry and Compliance, and Operations and Settlement. The consultations allow ELEXON to gather feedback from the industry about proposed changes so that any concerns are considered as part of our processes.

This list does not include Change Consultations.

(Showing items 21-40 of 246)

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View Consultation: decreasing CAP to £90 from 13 June 2023

Consultation: decreasing CAP to £90 from 13 June 2023

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £90 from 13 June 2023. This two-day consultation will close at 17:00 on 25 May 2023.

View Consultation: decreasing CAP to £100 from 26 May 2023

Consultation: decreasing CAP to £100 from 26 May 2023

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £100 from 26 May 2023. This two-day consultation will close at 17:00 on 11 May 2023.

View Consultation: decreasing CAP to £110 from 11 May 2023

Consultation: decreasing CAP to £110 from 11 May 2023

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £110 from 11 May 2023. This two-day consultation will close at 17:00 on 24 April 2023.

View P415 & P444 Report Phase Consultations

P415 & P444 Report Phase Consultations

P415 seeks to amend the BSC to allow Virtual Lead Parties (VLPs) to participate in the GB wholesale market.

The P444 solution seeks to introduce compensation for Suppliers and Virtual Lead Parties (VLPs) for volumes adjusted by VLPs in the Balancing Mechanism.

View Consultation: decreasing CAP to £125 from 14 April 2023

Consultation: decreasing CAP to £125 from 14 April 2023

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £125 from 14 April 2023. This two-day consultation will close at 17:00 on 28 March 2023.

View Consultation: decreasing the CAP to £140/MWh from 22 March 2023

Consultation: decreasing the CAP to £140/MWh from 22 March 2023

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £140/MWh from 22 March 2023. This two-day consultation will close at 17:00 on 7 March 2023.

View Consultation: decreasing the CAP to £155/MWh from 1 March 2023

Consultation: decreasing the CAP to £155/MWh from 1 March 2023

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £155/MWh from 1 March 2023. This two-day consultation will close at 17:00 on 14 February 2023.

View Risk Operating Plan 2023/24 consultation

Risk Operating Plan 2023/24 consultation

We invite you to comment on the Risk Operating Plan (ROP) for 2023/24. The ROP provides an overview of planned activities undertaken by the Performance Assurance Administrator (PAA) as part of the Performance Assurance annual cycle.

View Consultation: decreasing CAP to £170 from 3 February 2023

Consultation: decreasing CAP to £170 from 3 February 2023

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £170/MWh from 3 February 2023. This two-day consultation will close at 17:00 on 19 January 2023.

Earlier this month, the Credit Committee notified a Credit Assessment Price (CAP) decrease to £220/MWh from 20 January 2023. A further decrease in forward market prices has prompted the Credit Committee to propose a £170/MWh CAP value effective from 3 February 2023 for consultation.

View Consultation: decreasing CAP to £250 from 20 January 2023

Consultation: decreasing CAP to £250 from 20 January 2023

This page gives details of a consultation on decreasing the Credit Assessment Price (CAP) to £250/MWh from 20 January 2023. This two-day consultation will close at 17:00 on 5 January 2023.

View Consultation: revising CAP to £400 from 5 January 2023

Consultation: revising CAP to £400 from 5 January 2023

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £400/MWh from 5 January 2023. This two-day consultation will close at 17:00 on 16 December 2022.

Earlier this month, the Credit Committee confirmed a Credit Assessment Price (CAP) increase to £450/MWh from 21 December 2022. However, a decrease in forward prices since this was notified has resulted in an additional CAP value of £400/MWh effective from 5 January 2023 to be proposed by the Credit Committee for consultation. This gives the Credit Committee the optionality to change the CAP, or the option to withdraw any notified CAP(s) when further data is available closer to the implementation date.

View Consultation: increasing CAP to £490 from 21 December 2022

Consultation: increasing CAP to £490 from 21 December 2022

This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £490/MWh from 21 December. This two-day consultation will close at 10:00 on 7 December 2022.

Last month, the Credit Committee confirmed a Credit Assessment Price (CAP) increase to £350/MWh from 14 December 2022. However, significant increases in forward prices since this was notified has resulted in an additional higher CAP value of £490/MWh effective from 21 December 2022 to be proposed by the Credit Committee for consultation. This gives the Credit Committee the optionality to increase the CAP if System Prices significantly increases, or the option to withdraw when further data is available closer to the implementation date.

View Consultation: increasing CAP to £350 from 14 December 2022

Consultation: increasing CAP to £350 from 14 December 2022

This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £350/MWh from 14 December. This two-day consultation will close at 10:00 on 30 November 2022.

Earlier this month, the Credit Committee confirmed a Credit Assessment Price (CAP) increase to £300/MWh from 30 November 2022. However, following prices in December remaining higher, a CAP value of £350/MWh effective from 14 December 2022 has been proposed by the Credit Committee for consultation. This gives the Credit Committee the optionality to increase the CAP were forward prices to remain higher, or the option to withdraw when further data is available closer to the implementation date.

View Consultation: increasing CAP to £300/MWh from 30 November 2022

Consultation: increasing CAP to £300/MWh from 30 November 2022

This page gives details of a consultation on increasing the Credit Assessment Price (CAP) to £300/MWh from 30 November. This two-day consultation will close at 10:00 on 16 November 2022.

Last month, the Credit Committee confirmed a Credit Assessment Price (CAP) at £250/MWh from 8 November 2022. However, following prices in December remaining higher, a CAP value of £300/MWh effective from 30 November 2022 has been proposed by the Credit Committee for consultation. This gives the Credit Committee the optionality to increase the CAP were December prices to remain higher, or the option to withdraw it if prices remain steady, or decrease, when further data is available closer to December delivery.

View Consultation: revising CAP to £300/MWh from 8 November 2022

Consultation: revising CAP to £300/MWh from 8 November 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £300/MWh from 8 November. This two-day consultation will close at 10:00 on 25 October 2022.

View Consultation on Credit Assessment Price increase to £525/MWh from 1 November 2022

Consultation on Credit Assessment Price increase to £525/MWh from 1 November 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £525/MWh from 1 November. This two-day consultation will close at 17:00 on 17 October 2022.

View Consultation: Credit Assessment Price revision for mid-October 2022

Consultation: Credit Assessment Price revision for mid-October 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £420/MWh from 12 October 2022 and to £465/MWh from 19 October. This two-day consultation will close at 17:00 on 27 September 2022.

View Consultation: Credit Assessment Price decrease to £350/MWh from 7 October 2022

Consultation: Credit Assessment Price decrease to £350/MWh from 7 October 2022

This page gives details of a consultation on revising the Credit Assessment Price (CAP) to £350/MWh from 7 October 2022. This two-day consultation will close at 17:00 on 22 September 2022.

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