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 YOU ARE HERENewsIncrease in the Credit Assessment Price (CAP) to £59/MWh effective from 15 August 2018 
JUL 2018
Increase in the Credit Assessment Price (CAP) to £59/MWh effective from 15 August 2018
Originally published by Nathalie Palazzo on 25/07/2018 15:28:10

Increase in the Credit Assessment Price (CAP) to £59/MWh effective from 15 August 2018


A consultation paper on the value of CAP was issued on 16 July 2018 following a breach of the CAP trigger level. Parties were invited to indicate whether they agreed with the proposal to increase the value of CAP to £59/MWh, from its current approved level of £53/MWh.

The consultation closed on 24 July 2018. All responses were in agreement with the proposed value and therefore, in accordance with the CAP Review Guidance, a Credit Committee meeting will not be held. 

On 15 August 2018, the CAP value will increase from £53/MWh to £59/MWh. As a result, Parties may notice a change in their Credit Cover Percentage, and should review the amount of Credit Cover lodged.

The CAP review trigger level value will remain at its current value of +/- £6/MWh.

For more information, please see our FAQs or contact

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