Glossary

Maintaining Credit Cover: News

View CAP increase announced for 3 August 2021

CAP increase announced for 3 August 2021

On Tuesday 3 August 2021, the CAP value will increase from £77/MWh to £96/MWh.

The CAP review trigger level value will also increase to +/- £10/MWh.

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View Credit Assessment Price Consultation 5 July 2021

Credit Assessment Price Consultation 5 July 2021

We have issued a consultation paper on the value of the Credit Assessment Price (CAP). We invite Parties to indicate whether they agree with the proposal to increase the CAP to £96/MWh from the current value of £77/MWh.

View CAP increase announced for 16 June 2021

CAP increase announced for 16 June 2021

On Wednesday 16 June 2021, the CAP value will increase to £77/MWh. This follows a consultation which closed Tuesday 25 May 2021 with no responses disagreeing to the proposal.

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View CAP increase consultation announced 17 May 2021

CAP increase consultation announced 17 May 2021

Following an increase in forward market prices, a Credit Assessment Price (CAP) review was triggered. There is now a consultation paper on the value of the CAP which asks whether you agree with the proposal to increase the value of CAP.

The proposal is to increase the value of CAP to £77/MWh from last notified value of £70/MWh

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View CAP increase announced for 3 June 2021

CAP increase announced for 3 June 2021

On Thursday 3 June 2021, the CAP value will increase from £60/MWh to £70/MWh. This follows a consultation paper issued on Tuesday 4 May 2021 following a breach of the CAP trigger level.

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View CAP increase consultation announced 04 May 2021

CAP increase consultation announced 04 May 2021

Following an increase in forward market prices, a Credit Assessment Price (CAP) review was triggered. There is now a consultation paper on the value of the CAP which asks whether you agree with the proposal to increase the value of CAP.

The proposal is to increase the value of CAP to £68/MWh from last notified value of £60/MWh.

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View CAP increase announced for 12 May 2021

CAP increase announced for 12 May 2021

A Consultation paper on the value of Credit Assessment Price (CAP) was issued on Monday 12 April 2021 following a breach of the CAP trigger level. No responses disagreed with the proposed value and its was agreed that CAP value will increase to £60/MWh.

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View CAP increase consultation announced 12 April 2021

CAP increase consultation announced 12 April 2021

Following an increase in forward market prices, a Credit Assessment Price (CAP) review was triggered. There is now a consultation paper on the value of the CAP which asks whether you agree with the proposal to increase the value of CAP.

The proposal is to increase the CAP to £60/MWh from the last notified CAP value of £54/MWh.

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View CAP decreases to £54/MWh from 23 March 2021

CAP decreases to £54/MWh from 23 March 2021

The CAP (Credit Assessment Price) will decrease to £54/MWh from the last notified value of £64/MWh on Tuesday 23 March 2021.

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View CAP increases to £64/MWh from 23 February 2021

CAP increases to £64/MWh from 23 February 2021

The Credit Assessment Price (CAP) will increase to £64/MWh, effective from Tuesday 23 February 2021. 

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View CAP increases to £62/MWh from 27 January 2021

CAP increases to £62/MWh from 27 January 2021

The CAP will increase to £62/MWh – not the proposed £60/MWh – on Wednesday 27 January 2021.

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View Credit Assessment Price (CAP) – price stays at £30/MWh

Credit Assessment Price (CAP) – price stays at £30/MWh

The Credit Committee deemed it appropriate to keep the Credit Assessment Price (CAP) at the current price of £30/MWh. Discussions were held by the Committee regarding whether to revise the current price of £30/MWh following recent changes in forward market prices.

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View CAP decreases to £30/MWh from 16 April 2020

CAP decreases to £30/MWh from 16 April 2020

On Thursday 16 April 2020, the CAP value will decrease from £36/MWh to £30/MWh.

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View CAP review consultation – decrease from £41/MWh to £36/MWh

CAP review consultation – decrease from £41/MWh to £36/MWh

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View Credit Assessment Price review outcome January 2020

Credit Assessment Price review outcome January 2020

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View 2021 submission deadlines for Spring GC/DC values

2021 submission deadlines for Spring GC/DC values

The deadline for submitting your Generation and Demand Capacity (GC/DC) values for the Spring BSC Season is Friday 12 February 2021, if submitting via Elexon Kinnect. Alternatively, the deadline is Monday 15 February 2021, if submitting to the Central Registration Agent (CRA).

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