What are you looking for?
What are you looking for?
Capacity Providers (CPs) who have not met their Financial Commitment Milestone within 12 months of the Auction results (T-4 2027/28) must increase Credit Cover from £10k to £15k per MW per CMU. NESO have notified those CPs who have not met FCM within 12 months. The deadline to lodge additional Credit Cover with us is...
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 2025. Also, they will cover the outcome from how the Q1 2025 performed against the forecast. To secure your spot at this webinar, please do register here. If you have any suggestions or feedback on what else...
By 30 April 2025, the following generating CMU types for both T-1 and T-4 Auctions are required to demonstrate Satisfactory Performance for the 2024/25 Delivery Year: Proven DSR Unproven DSR New Build Existing Generating Existing Interconnector Prospective Interconnector Refurbishing Further details on fulfilling this requirement is available on our Stakeholder Support for Capacity Providers webpage. Please contact...
Today, LCCC have announced an In Period Adjustment to the Interim Levy Rate for Q2 2025. 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 £11.959/MWh is effective from 23 May 2025 to the end of the Quarterly Obligation Period on...
On 22 April 2025, LCCC issued a Stakeholder Bulletin to announce an In Period Adjustment to the Interim Levy Rate for Q2 2025. From 23 May 2025 to 30 June 2025, the ILR is £11.959/MWh. From 23 May 2025, Suppliers will be required to maintain Credit Cover using the ILR of £11.959/MWh. Further information on...
By 31 May 2025, the following CMU types for the T-1 and T-4 Auction are required to complete Metering Assessments for the 2025/26 Delivery: Unproven DSR Further details on completing Metering Assessments is available on our Stakeholder Support for Capacity Providers webpage. We have provided information in G1 – Capacity Market Metering to aid with any technical queries you may...
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 2025/26 Delivery Year. This forecast is used to calculate Suppliers’ monthly Capacity Market Supplier Charge and monthly Credit...
We are excited to confirm that together with Electricity Settlement Company (ESC) we are hosting a Pre-Delivery Year 2025/26 Event. What’s the purpose? This event is to provide an overview of the activities required prior to the start of the Delivery Year and highlight some Delivery Year activities to support your understanding of how best...
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 £8.812/MWh is effective from 1 July 2025 to 30 September 2025. If a Supplier is required to lodge additional Credit Cover, please ensure you have sufficient Credit Cover lodged by 5:00pm on 30 June 2025....
