{"id":152047,"date":"2020-07-06T15:20:13","date_gmt":"2020-07-06T14:20:13","guid":{"rendered":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/?post_type=consultation&#038;p=152047"},"modified":"2020-07-10T21:10:10","modified_gmt":"2020-07-10T20:10:10","slug":"credit-assessment-price-cap-consultation-6-july-2020","status":"publish","type":"consultation","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/consultation\/credit-assessment-price-cap-consultation-6-july-2020\/","title":{"rendered":"Credit Assessment Price (CAP) consultation: 6 July 2020"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","inline_featured_image":false},"tags":[],"class_list":["post-152047","consultation","type-consultation","status-publish","hentry","consultation_type-others","consultation_type-operations-and-settlement"],"acf":[],"semantic_search":{"post_id":152047,"title":"Credit Assessment Price (CAP) consultation: 6 July 2020","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/consultation\/credit-assessment-price-cap-consultation-6-july-2020\/","categories":["Consultations for all Process, Operational and Credit areas","Consultations on Operations and Settlement"],"tags":[],"content":"\n\t<div class=\"panel-content\">\n\t\t<p>The Credit Assessment Price (CAP) is used in the Energy Indebtedness calculations to convert Credit Cover into an energy value.&#xA0;<\/p>\n\n\t<\/div>\n\n\n\t<div class=\"panel-section panel-content summary\">\n\t\t<h2>Who will this impact?<\/h2>\t\t<p>We are consulting on an increase of the CAP to &#xA3;36\/MWh from the last notified value of &#xA3;30\/MWh. A change to CAP can impact the amount of Credit Cover required by a Trading Party.<\/p>\n<p>If all respondents and Credit Committee members are in agreement, the proposed value will be implemented on Thursday 23 July 2020 and the trigger level will increase at +\/- &#xA3;4\/MWh.<\/p>\n<p>If at least one respondent or Credit Committee member requests it or disagrees with the proposed value, Elexon will arrange a Credit Committee meeting. The Credit Committee will determine if a change needs to be made to the value of the CAP, the trigger level and when any new value should be implemented.<\/p>\n<h2 id=\"outcome\">Outcome<\/h2>\n<p>No responses were in disagreement with the new suggested CAP value.&#xA0;<\/p>\n<p>On&#xA0;<strong>Thursday 23 July 2020,<\/strong> the CAP value will increase from &#xA3;30\/MWh to <strong>&#xA3;36\/MWh<\/strong>. As a result, Parties may notice a change in their Credit Cover Percentage, and should review the amount of Credit Cover lodged.&#xA0;<\/p>\n\n\t<\/div>\n\n\n\n","s3_url":""},"_links":{"self":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/consultation\/152047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/consultation"}],"about":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/types\/consultation"}],"version-history":[{"count":0,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/consultation\/152047\/revisions"}],"wp:attachment":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/media?parent=152047"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/tags?post=152047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}