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What are you looking for?
You must lodge enough Credit Cover no later than 12 working days before the start of the month to meet your monthly Credit Cover requirement for each month of the Delivery Year. The amount of Credit Cover is 110% of the monthly Capacity Market Supplier Charge. This is illustrated in the revised monthly Capacity Market...
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: 4pm to 7pm on Working Days from November through to February for the 2024/25 Delivery Year. This forecast is used to calculate Suppliers’ monthly Capacity Market Supplier Charge and monthly Credit...
Suppliers are required to maintain their Credit Cover requirement using the Interim Levy Rate applicable for the Quarterly Obligation Period. The Interim Levy Rate of £11.816/MWh is effective from 1 July 2024 to 30 September 2024. If a Supplier is required to lodge additional Credit Cover, please ensure you have sufficient Credit Cover lodged by 5:00pm on 28 June 2024. We...
Under the Capacity Market Rules, Capacity Providers are required to provide a baseline demand (in MW) for all Demand Side Response (DSR) CMU Components starting six weeks prior to the start of the next Delivery Year. During a System Stress Event, this baseline can be compared with the actual demand to determine the volume of capacity...
Capacity Providers are required to provide Metering Test Certificates to the EMR Delivery Body. For Delivery Year 2024/25, the deadline to provide this to EMR DB is Tuesday 17 September 2024 for Unproven DSR CMUs (T-4 Auction) and Existing Interconnector CMUs, Existing Generating CMUs, Proven DSR CMUs and Unproven DSR CMUs (T-1 Auction). To obtain...
Suppliers are required to maintain their Credit Cover requirement using the Interim Levy Rate applicable for the Quarterly Obligation Period. The Interim Levy Rate of £8.750/MWh is effective from 1 October 2024 to 31 December 2024. If a Supplier is required to lodge additional Credit Cover, please ensure you have sufficient Credit Cover lodged by 5:00pm on 30 September 2024. We...
Capacity Providers are required to provide Metering Test Certificates to the EMR Delivery Body. For Delivery Year 2024/25, the deadline to provide this to EMR DB is Tuesday 1 October 2024 for New Build Generating CMUs, Refurbishing Generating CMUs and Prospective Interconnector CMUs for T-1 Auction. To obtain your Metering Test Certificate, you must first complete...
Following Prequalification Results Day on 12 November 2024, those Conditionally Prequalified Applicants are required to provide Credit Cover within 15 Working Days (WDs) after Prequalification Results Day; this deadline is 3 December 2024. Our Working Practice, WP35 – Applicant Credit Cover will provide you with the templates for Letter of Credit and also the bank account...
Suppliers are required to maintain their Credit Cover requirement using the Interim Levy Rate applicable for the Quarterly Obligation Period. The Interim Levy Rate of £7.608/MWh is effective from 1 January 2025 to 31 March 2025. If a Supplier is required to lodge additional Credit Cover, please ensure you have sufficient Credit Cover lodged by 5:00pm on 31 December 2024. We...
Following Tier 1 Disputes Results Day on 10 December 2024, those Conditionally Prequalified Applicants are required to provide Credit Cover within 15 Working Days (WDs) after Tier 1 Disputes Results Day; this deadline is 3 January 2025. Our Working Practice, WP35 – Applicant Credit Cover will provide you with the templates for Letter of Credit and...
