- This event has passed.
1 April 2025
Capacity Providers (CPs) who have not met their Financial Commitment Milestone within 12 months of the Auction results (T-4 2027/28) must increase Credit Cover from £10k to £15k per MW per CMU. NESO have notified those CPs who have not met FCM within 12 months.
The deadline to lodge additional Credit Cover with us is 1 April 2025. Capacity Providers who have not lodged additional Credit Cover by the deadline will be terminated. The process to lodge Credit Cover, as well as further detail on FCMs is available on our Stakeholder Support for Capacity Providers webpage.
If you are unsure how much Credit Cover you currently hold, or how much Credit Cover you still need to lodge, please contact our Service Desk via [email protected].