Cookies on the ELEXON Portal

This website stores cookies on your computer, both as an essential part of the user experience and also to collect information to help us understand your use of the service and improve it. Use the links to the right to either view/change your cookie preferences, or simply dismiss this message and accept our default cookie settings. Note: A cookie will be stored on your computer to record these preferences.
> Cookie Preferences
> Dismiss Message
 ELEXON.co.ukELEXON PortalBM ReportsTAAMT
site search 
 YOU ARE HERENewsIncrease in the Credit Assessment Price (CAP) to £59/MWh effective from 15 August 2018 
JUL 2018
25
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 Credit.Committee@elexon.co.uk.

Please login to get more out of the Portal. Personalisation, operational data and more! Login now.
Remember Me    more information
Your login session will normally be timed out after two hours of inactivity. Choosing "Remember Me" will extend this to 28 days of inactivity, so as long as you visit the site at least once every 28 days, you will remain logged in. Only use this option if you are on a private computer that others do not have access to.
Forgot Password?
Not yet a member?
Register now