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PRODID:-//EMR Settlement Limited - ECPv6.16.1//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:EMR Settlement Limited
X-ORIGINAL-URL:https://www.emrsettlement.co.uk
X-WR-CALDESC:Events for EMR Settlement Limited
REFRESH-INTERVAL;VALUE=DURATION:PT1H
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TZID:UTC
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TZOFFSETFROM:+0000
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TZNAME:UTC
DTSTART:20250101T000000
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BEGIN:VEVENT
DTSTART;VALUE=DATE:20260414
DTEND;VALUE=DATE:20260415
DTSTAMP:20260609T164323
CREATED:20260318T094952Z
LAST-MODIFIED:20260318T141702Z
UID:10000642-1776124800-1776211199@www.emrsettlement.co.uk
SUMMARY:Credit Cover Deadline for Financial Commitment Milestone (DY 28/29)
DESCRIPTION:Capacity Providers (CPs) who have not met their Financial Commitment Milestone within 12 months of the Auction results (T-4 2028/29) 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. \nThe deadline to lodge additional Credit Cover with us is 14 April 2026. 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. \nIf 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 contact@emrsettlement.co.uk. \n 
URL:https://www.emrsettlement.co.uk/calendar-event/credit-cover-deadline-for-financial-commitment-milestone-dy-27-28-2/
CATEGORIES:Deadline
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