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Clock Change on Sunday 30 March
On Sunday 30 March 2025, the clocks will go forward. As a result, the Settlement Day will have 46 Settlement Periods. If you submit metered data via a self-submission metering pathway, please ensure you follow the process outlined in Appendix 7: Clock Change of WP195 – Capacity Market and CfD Metered Data. For further assistance, contact our Service Desk at [email protected].
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.
Suppliers are required to maintain their Credit Cover requirement using the Interim Levy Rate applicable for the Quarterly Obligation Period. This document will support Suppliers’ understanding of their Credit Cover requirements and covers the following topics:
On 18 March 2025, LCCC issued a Stakeholder Bulletin to confirm for the Quarterly Obligation Period 1 July 2025 to 30 September 2025 as follows:
• Interim Levy Rate is £8.812/MWh
• Total Reserve Amount is £235,897,859.06
Suppliers will receive formal notices to confirm this announcement. LCCC have provided details in their Stakeholder 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 2025/26 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 June 2025.
