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This is an opportunity to hear from LCCC's Forecasting Team on the Interim Levy Rate and Total Reserve Amount forecast for Quarterly Obligation Period 1 January 2022 to 31 March 2022. Plus, an opportunity to raise questions with LCCC on the current and longer term forecast. To register for this webinar please complete this registration link....
BEIS have shared their second annual open letter on new technologies in the Capacity Market. The open letter asks Stakeholders whether there are any new generating technologies which can contribute to security of supply and may therefore be suitable for inclusion in the Capacity Market. The open letter can be found at the link: https://www.gov.uk/government/consultations/capacity-market-new-technologies-2021. ...
Call for Evidence on the Capacity Market – Improving delivery assurance and early action to align with net zero BEIS recognise Stakeholders are currently experiencing additional pressures, so have extended the deadline for responding to the Call for Evidence to 11:59pm on 1 November 2021. The gov.uk page will be updated shortly to reflect this...
If you have received Conditional Requalified status on Prequalification Results Day you must lodge Credit Cover by 16 November 2021. WP35 - CM Applicant/Capacity Provider Credit Cover Process will supports Applicants and Capacity Providers in how to lodge Cash or Letter of Credit with EMRS. If you have any queries regarding how to lodge Credit Cover please do contact...
The Department for Business, Energy and Industrial strategy (BEIS) is seeking views on the proposed 2022/23, 2023/24 and 2024/25 operational cost budgets and resulting levies for the Low Carbon Contracts Company (LCCC) and the Electricity Settlements Company (ESC). LCCC enters into and manages Contracts for Difference (including the Investment Contracts which have been transferred to...
If you have received Conditional Requalified status following Tier 1 Disputes you must lodge Credit Cover by 14 December 2021. WP35 - CM Applicant/Capacity Provider Credit Cover Process will supports Applicants and Capacity Providers in how to lodge Cash or Letter of Credit with EMRS. If you have any queries regarding how to lodge Credit Cover please do contact...
On 15 December 2021, LCCC issued a Stakeholder Bulletin to announce for the Quarterly Obligation Period 1 January 2022 to 31 March 2022 the Interim Levy Rate is adjusted to £0.000/MWh. From 1 January 2022, Suppliers will be required to maintain Credit Cover using the adjusted ILR of £0.000/MWh. Further information on the process on lodging or requesting excess Credit...
This is an opportunity to hear from LCCC’s Forecasting Team on the Interim Levy Rate and Total Reserve Amount forecast for Quarterly Obligation Period 1 April 2022 to 30 June 2022. Plus, an opportunity to raise questions with LCCC on the current and longer term forecast. To register for this webinar please complete this registration link. Further information on...
Suppliers received their revised monthly Capacity Market Credit Cover and Supplier Charge schedule for the 2021/22 Delivery Year. The revised schedule is based on the actual data for the Period of High Demand. This impacts Suppliers who had metered volumes during Period of High Demand in 2021/22 Delivery Year and Suppliers who submitted a demand...
On 15 December 2021, LCCC issued a Stakeholder Bulletin to announce for the Quarterly Obligation Period 1 April 2022 to 30 June 2022 the Interim Levy Rate is £0.000/MWh. From 1 April 2022, Suppliers will be required to maintain Credit Cover using the adjusted ILR of £0.000/MWh. Further information on the process on lodging or requesting excess Credit Cover is...
