Elexon looks to hike Credit Assessment Price to £137/MWh

Elexon has said it is consulting on raising the Credit Assessment Price (CAP) to a new record high of £137/MWh following continued increases in wholesale electricity prices. The current price of £113/MWh is already the highest to date and only came into effect on Wednesday (8 September) after being confirmed by the administrator of the Balancing and Settlement Code (BSC) in August. It had previously been set at £96/MW

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