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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.
This document will support Applicants and Capacity Providers in preparing for the upcoming Credit Cover Period, which will run from 13 November to 3 December 2024. 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:
On behalf of the Electricity Settlements Company (ESC), this afternoon we have issued Mock System Stress Event Reporting to Capacity Providers. This reporting 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 reporting issued replicates the calculations involved in a System Stress Event and will help Capacity Providers understand their initial position had a System Stress Event occurred and be informed of any issues identified against individual CMUs.
From today, until 12 December 2024, we will be available via our Service Desk to respond to any queries related to your Mock System Stress Event Reporting.
The reporting was issued to Finance Authority, Operating Authority and Trading Contacts that are registered within My EMRS. We encourage you to please visit My EMRS to review or update your registered contacts, this helps ensure we are communicating with the right people on this activity in future. Additionally, we will be running a second Mock System Stress Event Reporting in February 2025, and further details will be communicated closer to the time.
We encourage you to visit the designated section on the Settlement Data for Capacity Providers webpage, and select the Mock System Stress Event Reporting dropdown for more details and additional supporting information.
