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

WP42 – Supplier CfD and Nuclear RAB Credit Cover

This document will support Suppliers in ensuring sufficient Credit Cover is lodged for the ILR of £11.816/MWh which applies on 1 July 2024. The deadline to lodge sufficient Credit Cover against this ILR is 28 June 2024.

The document includes details on:

  • Lodging Credit Cover.
  • Requesting a Credit Cover return.
  • Letter of Credit templates (p37-46)
  • Approved bank account details for cash Credit Cover (p6).

 

News

Response to Ofgem’s decision on Capacity Market Rule Change Proposal CP373

Posted on: 18/06/2024

Further to the recent Ofgem decision regarding CP373Transfer of Metering and Component Reallocation from the Delivery Body to the Settlement Body. The Capacity Market Delivery Partners (EMR Delivery Body & EMR Settlement Body and ourselves) wanted to clarify the new features and changes that will occur following the transfer of accountability. We strongly recommend you review the Consultation Response document and draft rules to fully understand the implications of this change.

We are all very supportive of these changes, initially proposing CP373 at the Capacity Market Advisory Group (CMAG) in August 2023 and supporting the development process both at CMAG and during the consultation phase. The transfer of accountability for Metering processes to EMRS will provide a clearer process for the customer, alongside increasing the assurance behind metering configuration validations.

View the Ofgem decision document here.

Capacity Market Rule changes related to this decision will come into effect when laid before Parliament, ahead of the 2024 Prequalification Window.

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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