Credit Assessment Price review outcome January 2020

We invite Trading Parties to indicate whether they agree with the proposal to decrease the value of Credit Assessment Price (CAP) to £41/MWh from the last notified value of £47/MWh. As the trigger level is set at 10% of the CAP value, rounded to the nearest whole pound, this would also change to +/-£4/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.

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.