Supplier Capacity Market Demand Forecast Deadline
Suppliers are required, under the Electricity Capacity (Supplier Payment etc.) Regulations 2014, to provide a forecast of Gross Demand for the Period of High Demand, which is 4pm to 7pm […]
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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 Counterparty) (LCCC) in relation CfD and on behalf of the Electricity Settlements Company (the CM Settlement Body) (ESC) in relation to the CM.
This guidance document explains why EMR Settlement Ltd (EMRS) have implemented Authorised Contacts as a control for the settlement operations for Contracts for Difference (CfD) and the Capacity Market. Suppliers, CfD Generators and Capacity Providers can use Authorised Contacts to manage their EMR Party information and to request certain settlement activities.
On 27 June 2022, LCCC issued a Stakeholder Bulletin to announce the following:
Quarterly Obligation Period 1 October 2022 to 31 December 2022
Notices will be issued to Suppliers to confirm the above changes. The Key Payment Figures 2022/23 reflect these changes and are located on the Settlement Data for Suppliers webpage.
Update on the Quarterly Obligation Period 1 October 2022 to 31 December 2022 (Q4 2022)
LCCC will be monitoring the market prices closely, and may be required to consider an adjustment of the Interim Levy Rate or Total Reserve Amount or both, either upwards or downwards, prior to the start of the Quarterly Obligation Period. We will support LCCC in keeping Suppliers informed.
For further detail on LCCC’s calculations, please refer to the CfD Levy Dashboards on the LCCC website.