By 1 June 2026, the following CMU types for the T-1 and T-4 Auction are required to complete Metering Assessments for the 2026/27 Delivery: Unproven DSR (1 year Agreement) Further...
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
Suppliers are required to maintain their Credit Cover requirement using the ILR applicable for the Quarterly Obligation Period.
This Working Practice document provides details on the process for lodging Credit Cover, including:
- Why Credit Cover must be lodged
- How and when EMRS will use Credit Cover
- Letter of Credit (LoC) templates (p37-46)
- LCCC’s bank details (p6)
News
LCCC confirms CfD ILR and TRA for Q4 2026
On 16 June 2026, LCCC confirm for the Quarterly Obligation Period 1 October2026 to 31 December 2026 as follows:
- Interim Levy Rate is £8.176/MWh
- Total Reserve Amount is £425,760,925.05
Suppliers will receive formal notices to confirm this announcement. LCCC have provided details in their News items 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 2026/27 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 30 September 2026.
