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Suppliers recieved a schdule of their minimium Credit Cover requirements for the upcoming Delivery Year on 29 July. Suppliers’ first deadline to lodge CM Credit Cover for October 2016 is 5pm on 15 September 2016. Credit Cover can be accepted as either cash or Letter of Credit or a combination of the two. Please note, in...
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...
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...
DTC Change Proposal 3483 (Improved Reporting of CFD Lump Sum Payments) to be implemented today. This impacts CFD Generators. Data flow CFD Generator Invoice Backing Data (D0365) will be used to deliver CFD Generators with ‘backing data’ that gives additional information on how their invoices are calculated. The CP changes the ‘CFD Ad Hoc Payment’...
This event will introduce new Suppliers to the Contracts for Difference (CFD) and the Capacity Market (CM) schemes. Suppliers who have recently entered the electricity market or individuals from existing Suppliers that are new to EMR are welcome to attend. What will this session cover? Overview of EMR Overview of the different roles and responsibilities...
The Low Carbon Contracts Company (LCCC) is required to determine the Total Reserve Amount and Interim Levy Rate for the quarterly obligation period 1 April 2017 to 30 June 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...
