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Low Carbon Contracts Company and Electricity Settlement Company held Supplier Event – Wednesday 10 May 2017

Hallam Conference Centre 44 Hallam Street, London , United Kingdom

Low Carbon Contracts Company (LCCC) and Electricity Settlements Company (ESC) held an event for Suppliers on Wednesday 10 May 2017. The event covered the following topics: Introduction to LCCC and ESC Review of Financial year Highlights Forecasting and transparency tool demonstration Overviews and future changes occurring within the CFD and CM schemes Future Stakeholder Engagement...

Introduction to Electricity Market Reform (EMR) arrangements event for Suppliers

ELEXON 350 Euston Road, London, United Kingdom

Low Carbon Contracts Company (LCCC) and EMRS hosted the ‘Introduction to EMR arrangements’ event on Thursday 18 May 2017. This event introduced new Suppliers to both Contracts for Difference (CFD) and the Capacity Market (CM). Suppliers who have recently entered the electricity market or individuals from existing Suppliers that are new to EMR were also welcomed....

Webinar: Preparing for Delivery Year 2017/18

On 8 June 2017, EMRS, Electricity Settlements Company (ESC) and the EMR Delivery Body hosted a webinar on Preparing for the Delivery Year 2017/18. The webinar was designed to support Capacity Providers in their preparation for the Delivery Year 2017/18 in the activities they may need to complete before the start of the Delivery Year. With over 60 participants,...

LCCC to determine the Total Reserve Amount (TRA) and Interim Levy Rate (ILR)

The Low Carbon Contracts Company (LCCC) is required to determine the Total Reserve Amount and Interim Levy Rate for the quarterly obligation period 1 October 2017 to 31 December 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 Reserve Payment...

Deadline for applications for Green Excluded Electricity

Suppliers they have until the 30 June 2017 to apply for a determination that an amount of electricity supplied is Green Excluded Electricity (GEE) for the quarterly obligation period 1 October 2016 to 31 December 2016. Suppliers seeking a determination that an amount of electricity supplied is GEE must be in accordance with the Contracts for...

Interim Levy Rate for Quarterly Obligation Period 1 July 2017 to 30 September 2017 of £1.553/MWh now applies until 30 September 2017

The Low Carbon Contracts Company (LCCC) had previously determined the ILR for the quarterly obligation period 1 July 2017 to 30 September 2017 of £1.553/MWh. Suppliers should ensure their lodged Credit Cover is still sufficient. Further details are available in WP42 - Supplier CFD Credit Cover and G5 - Supplier CFD Credit Cover which are available on...

Regulations change to the CFD Supplier Obligation

From the 1 July 2017, the Electricity Supplier Payments (Amendment) Regulation 2017 brings in changes to the CFD Supplier Obligation. EMRC125 was issued to highlight these changes: the payment terms for the Quarterly Supplier Reconciliation Invoice reduce from 90 calendar days to five working days (WDs); LCCC can reduce the Total Reserve Amount (TRA) under certain conditions if it...

Webinar – Supplier Obligation Levy Rate and 15 Month Forecast – CANCELLED

  The Low Carbon Contract Company (LCCC) Forecasting team have published the slides that were to be presented which covered the Supplier Obligation, the Supplier Obligation Levy Rate for the 1 October 2017 to 31 December 2017, background and assumptions, and the 15 month forecast. Further details can be found by reviewing the Transparency Tool which illustrates the calculations performed to set the...