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Capacity Providers are required to provide Metering Test Certificates to the EMR Delivery Body. For Delivery Year 2025/26, the deadline to provide this to EMR DB is 31 March 2024 for the following CMU types: T-4 Auction: Proven DSR Existing Generating Existing Interconnector To obtain your Metering Test Certificate, you must first complete a Metering Test...
Capacity Providers are required to provide Metering Test Certificates to the EMR Delivery Body. For Delivery Year 2025/26, the deadline to provide this to EMR DB is 1 April 2024 for the following CMU types: T-4 Auction: Proven DSR Existing Generator Existing Interconnector To obtain your Metering Test Certificate, you must first complete a Metering Test on My...
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...
LCCC’s Forecasting Team are hosting a webinar on the Interim Levy Rate and Total Reserve Amount forecast for Q3 2024. Also, they will cover the outcome from how the Q1 2024 performed against the forecast. To secure your spot at this webinar, please do register here. If you have any suggestions or feedback on what...
On 22 May 2024, Low Carbon Contracts Company (LCCC), in collaboration with DESNZ, are hosting a webinar on the Nuclear RAB scheme for Suppliers. This webinar aims to support Suppliers ahead of the launch of the Nuclear RAB scheme and will cover the following topics: Overview of the scheme. Roles and responsibilities of each partner...
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...
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 2024 to 31 December 2024. Once confirmed, we will notify Suppliers in accordance with the Contracts for Difference (Electricity Supplier Obligations) Regulations 2014 (the “Supplier Obligation Regulations”) of the Supplier’s Reserve Payment Amount and the...
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...
On 18 March 2024, LCCC issued a Bulletin to confirm for the Quarterly Obligation Period 1 July 2024 to 30 September 2024 the ILR is £11.816/MWh. From 1 July 2024, Suppliers will be required to maintain Credit Cover using the ILR of £11.816/MWh. Further information on the process on lodging or requesting excess Credit Cover is available...
You're invited to a Prequalification Launch event hosted by DB on Tuesday 23 July 2024. Click here to register. DB will provide an overview of the upcoming Auction and facilitate an engaging discussion with key stakeholders. We will be in attendance and presenting on Applicant Credit Cover, also highlighting the changes to My EMRS to support...
