Price cap – Open letter on reviewing additional wholesale costs
- Publication type:
- Consultation
- Publication date:
- Closed date:
- Status:
- Closed (with decision)
- Topic:
- Energy pricing rules
- Subtopic:
- Energy price cap
An open letter outlining the case and scope of a review on additional wholesale costs covering October 2022 - September 2023. The review will largely cover a combination of unexpected SVT demand, shaping costs and imbalance costs. We also intend to review our approach to the backwardation recovery period.
We are seeking feedback from stakeholders on the open letter by 14 August 2023.
Respond name
Dan Norton