Authority announces intention to review customer compensation scheme in Market Brief
We have decided to review the CCS and stress testing regimes to ensure they are consistent with delivering ongoing security of supply in the face of the recent and potential closures of thermal plants.
The stress testing regime is formally called the Spot Price Risk Disclosure regime.
While all aspects of the CCS are under review, the primary focus will be on whether the level of payments to be made under the CCS regime are still appropriate, and whether it is still appropriate that all retailers are required to make payments.
While all aspects of the stress testing regime are under review, the primary focus will be on whether the price level scenarios and the anonymity requirements are still appropriate.