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On 16 December 2022, LCCC issued a Stakeholder Bulletin to announce for the Quarterly Obligation Period 1 October 2023 to 31 December 2023 that the Interim Levy Rate is £5.798/MWh. Suppliers will be required to maintain Credit Cover using the Interim Levy Rate of £5.798/MWh for this Quarterly Obligation. Further information on the process on lodging Credit Cover is available...
Together with National Grid Delivery Body and ESC, EMRS are hosting a webinar to support Capacity Providers with their preparations for the winter period. The webinar will cover the following topics: Notification channels for a System Stress Event and the triggers for a Capacity Market Notice Capacity Providers Obligations if a System Stress has occurred...
LCCC’s Forecasting Team are hosting a webinar on the Interim Levy Rate and Total Reserve Amount for Q1 2024. They will also look back at the outcomes in Q3 2023, as well as provide an overview of the generation volume and advanced forecast. You can reserve a spot here. If you have any questions regarding this...
Following Prequalification Results Day on 31 October 2023, those Conditionally Prequalified Applicants are required to provide Credit Cover within 15 Working Days (WDs) after Prequalification Results Day; this deadline is 21 November 2023. The process for Applicants to lodge Credit Cover has been summarised via this news item, Deadline for Conditionally Prequalified Applicants to lodge...
Following Tier 1 Disputes Results Day on 28 November 2023, those Conditionally Prequalified Applicants are required to provide Credit Cover within 15 Working Days (WDs) after Tier 1 Disputes Results Day; this deadline is 19 December 2023. The process for Applicants to lodge Credit Cover has been summarised via this news item. Also our Working...
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 2024 to 30 June 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 must make Interim Rate payments and provide Credit Cover if they supply electricity within the Quarterly Obligation Period. Suppliers are required to maintain their Credit Cover requirement using the Interim Levy Rate applicable for the Quarterly Obligation Period. If a Supplier is required to lodge additional Credit Cover, please ensure you have sufficient Credit Cover lodged by 5:00pm on 29 December 2023. We...
EMRS will be carrying out a Disaster Recovery test on Saturday 20 January 2024 and Sunday 21 January 2024. As a result of this, we would like to inform all SFTP users that the Secure File Transfer Protocol (SFTP) service will not be available to receive and process any files between 10:00am on Saturday 20...
LCCC’s Forecasting Team are hosting a webinar on the Interim Levy Rate and Total Reserve Amount for Q2 2024. They will also look back at the outcomes in Q3 2023, as well as provide an overview of the generation volume and advanced forecast. You can reserve a spot here. If you have any questions regarding this...
The T-1 Auction for 2024/25 Delivery Year commences. Further details on the Auction are location on the EMR Delivery Body website.
