Who we are

EMR Settlement Limited (EMRS) is a wholly owned subsidiary of Elexon Limited. EMRS has delivered the role of EMR Settlement Services Provider on behalf of the Low Carbon Contracts Company (the CfD and Nuclear RAB Counterparty) (LCCC) in relation to CfD and Nuclear RAB, and on behalf of the Electricity Settlements Company (the CM Settlement Body) (ESC) in relation to the CM.

Publications

WP35 – CM Applicant Capacity Provider Credit Cover Process

This document will support Conditionally Prequalified Applicants in preparing for Credit Cover Period following the Tier 1 Disputes Process, which will run from 10 December 2024 to 3 January 2025. It covers the process to lodge and maintain Credit Cover with EMR Settlement (EMRS) on behalf of Electricity Settlement Company (ESC) as part of the Prequalification process. In particular, it highlights:

  • Approved Letter of Credit templates available in Appendix 1 and 3.
  • EMRS bank account details are available on page 8.

 

News

Update your Authorised Contacts in My EMRS

Posted on: 30/01/2025

We will issue the second Mock System Stress Event Reporting for this Delivery Year on 18 February 2025. This forms part of the ongoing System Stress Event Testing Programme, which aims to address data quality issues and improve the overall accuracy on Settlement, should a System Stress Event occur.

The Mock System Stress Event Reporting replicates the calculations involved in a System Stress Event. This reporting is essential in helping you understand your initial position had a System Stress Event occurred and be informed of any issues identified against individual Capacity Market Units (CMUs).

What do you need to do to prepare?

To ensure you receive this reporting and act on it effectively, it is essential that your organisation’s Authorised Contact details in My EMRS are accurate and up to date.

Here’s why this is important:

  1. Accurate communication of information
    The report will only be sent to specific contacts registered in My EMRS (Finance Authority, Operating Authority, and Trading Contacts). Outdated contact details may result in the report not reaching the appropriate stakeholders.
  2. Understanding your initial position:
    It provides insights into how each Capacity Market Unit (CMU) would perform, helping you identify and address potential issues. Missing this information could leave you unprepared for an actual System Stress Event, potentially resulting in inaccuracies during Settlement.
  3. Ensuring data quality and compliance:
    Without accurate contact details, important notifications about data discrepancies or other issues may go unnoticed, increasing the risk of non-compliance or financial penalties.
  4. Facilitating timely resolution of issues:
    Ensuring the right people receive the report enables your organisation to promptly address any issues identified.

Are you a…?

Supplier

You will be able to find key information to support you for both CfD and CM schemes

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CfD Generator

You will be able to find key information to support you

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Capacity Provider

You will be able to find key information to support you

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All Roles

You will be able to find key information to support you in all roles for both CfD and CM schemes

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