EMRS, on behalf of Electricity Settlements Company (ESC) would like to inform Capacity Providers the Capacity Cleared Price (CCP) has been adjusted by UK Consumer Prices Index (CPI) before the commencement of the 2020/21 Delivery Year. This has been calculated as specified within the Electricity Capacity Regulations 2014 (as amended).
The adjusted CCP for the T-4 Auctions, including 2018/19, 2019/20 and 2020/21 Delivery Years are published on the Settlement Data webpage for Capacity Providers. Please refer to the ‘Capacity Cleared Price Adjusted for UK Consumer Prices Index’ drop down on this webpage. G17 – Capacity Provider Payments illustrates a worked example of Capacity Cleared Price (CCP) adjusted for inflation in Appendix 4.