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EMRS would like to inform Suppliers that their first deadline to lodge Credit Cover for 1 October 2020 will be on 15 September 2020 at 5:00 PM. WP45 – Supplier CM Credit Cover details the process for lodging Credit Cover including the Letter of Credit templates and bank details. G14 – Supplier CM Credit Cover...
On 25 September 2020, Low Carbon Contracts Company (LCCC) announced it has determined the Total Reserve Amount (TRA) and the Interim Levy Rate (ILR) for Quarterly Obligation Period 1 January 2021 to 31 March 2021 are as follows: Total Reserve Amount is £127,252,857.68 Interim Levy Rate is £8.283/MWh The CFD Scheme Dashboard illustrates the calculations performed to...
Suppliers should ensure their lodged Credit Cover is still sufficient. WP42 – Supplier CFD Credit Cover and G5 – Supplier CFD Credit Cover provides details on how to lodge Credit Cover and how your Credit Cover is calculated. EMRC215 provides the key dates for this Quarterly Obligation Period 1 October 2020 to 31 December 2020
On 31 July 2020, a schedule of the monthly Capacity Market Credit Cover requirements and Supplier Charge for the 2020/21 Delivery Year was issued to Suppliers. Further details were captured in EMRC219 and the Key Payment Figures 2020/21 captured the Weighting Factors and the Total Capacity Payments for the 2020/21 Delivery Year.
