List of homepage news articles
This page lists all of the news articles we have produced over the last year. Any news articles older than 1 year are removed from the website as they will have concluded their designated lifecycle. Please contact us if you are looking for specific information on any subjects we have covered.
Are you interested in becoming a member of the Credit Committee?
The Credit Committee (CC) is one of several Balancing and Settlement Code (BSC) committees which play a role in managing and governing the code. The CC, which is responsible for all BSC matters relating to the Credit Assessment Price (CAP), is looking for new members.
Consultation: decreasing CAP to £170 from 3 February 2023Read More
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.
Credit Assessment Load Factor values for Spring 2023: 1 February 2023 appeal deadline
The Credit Assessment Load Factor (CALF) values for the Spring 2023 BSC Season, which runs from 1 March 2023 to 31 May 2023, are available from the BSC Portal. If you are the Lead Party of a non-Credit Qualifying BMU, you can appeal an assigned CALF value if you believe it does not accurately represent your expected activity.
- BSC Portal > Financial and Credit > Credit / Credit Alerting
Changes to SAA Settlement Report sub-flows 1, 2 and 4 (SAA I014)
The February 2023 Release planned go-live is 23 February 2023; this release includes changes to the SAA-I014 Settlement Administration Agent (SAA) Settlement Report sub-flows 1, 2 & 4. From 23 February 2023, all BSC Parties will receive Version 12 of the SAA-I014, sub-flow 1 or 4, as default and Version 10 of the SAA-I014 will no longer be available.
Consultation: revising CAP to £400 from 5 January 2023Read More
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.