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On 7 September 2016 at 12:00 EMRS is hosting an hour-long webinar to help Suppliers in their preparation for the start of the first Capacity Market Delivery Year in October 2016. With the start of the Capacity Market Delivery Year, Suppliers will have to be prepared to meet new requirements. These include lodging Credit Cover and... |
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2 events,
LCCC to determine the Interim Levy Rate and Total Reserve Amount
The Low Carbon Contracts Company (LCCC) is required to determine the Total Reserve Amount and Interim Levy Rate for the quarterly obligation period 1 January 2017 to 31 March 2017. Once confirmed, on behalf of the LCCC we’ll notify Suppliers in accordance with the Contracts for Difference (Electricity Supplier Obligations) Regulations 2014 (the “Supplier Obligation Regulations”) of the Supplier’s...
Suppliers must lodge valid CFD Credit Cover (minimum requirements based on Interim Levy Rate for Quarterly Obligation Period October to December 2016 of £1.016/MWh) prior to the first day of October to December 2016 Quarterly Obligation Period.
The Interim Levy Rate for Quarterly Obligation Period October to December 2016 is £1.016/MWh . Credit Cover for the Obligation period will be based on this Interim Levy Rate. Suppliers need to lodge valid Credit Cover prior to the first working day of the Quarterly Obligation Period. Please see guidance document 5 (G5 -Supplier CFD... |
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