T-4 Auction for 2027/28 Delivery Year
The T-4 Auction for 2027/28 Delivery Year commences. Further details on the Auction are location on the EMR Delivery Body website.
What are you looking for?
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 Counterparty) (LCCC) in relation CfD and on behalf of the Electricity Settlements Company (the CM Settlement Body) (ESC) in relation to the CM.
This document supports Suppliers in lodging Credit Cover for both CfD and Nuclear RAB.
The document includes details on:
On 18 March 2024, LCCC issued a Bulletin to confirm for the Quarterly Obligation Period 1 July 2024 to 30 September 2024 as follows:
• Interim Levy Rate is £11.816/MWh
• Total Reserve Amount is £213,397,705.39
Suppliers will receive formal notices to confirm this announcement. LCCC have provided details in the Bulletin about this determination. For further detail on LCCC’s calculations, please refer to the CfD Levy Dashboards.
On the Settlement Data for Suppliers webpage, the updated Key Payment Figures for 2024/25 are now available.
Suppliers must make Interim Rate payments and provide Credit Cover if they supply electricity within the Quarterly Obligation Period. Suppliers are required to maintain their Credit Cover requirement using the ILR applicable for the Quarterly Obligation Period.
If a Supplier is required to lodge additional Credit Cover, please ensure you have sufficient Credit Cover lodged by 5:00pm on 28 June 2024.