EMR Settlement Limited

Impact Assessment Deadline: DTC SPF 107 – ‘Reporting of Additional EMR Backing Data’
2020-12-10
The aim of this proposal is to reduce the validation required for Suppliers, CfD Generators and Capacity Providers as the backing data within the data flows will align to what is issued. The associated data flows will be structured and named in line with the actual output from the Settlement Systems.
Within the SPF, the implementation to the Data Transfer Catalogue (DTC) is proposed for the November 2021 Release.
What changes are included in DTC SPF 107 – Reporting of Additional EMR Backing Data?
Full details of the changes proposed can be view via the Solution Pre-Assessment Form submitted and the associated redlined appendices for the five data flows via the MRASCo website in the DTC SPF 107 – ‘Reporting of Additional EMR Backing Data’.
Who can respond to the SPF Impact Assessment?
MRA Parties will be responding to the SPF impact assessment. If any Suppliers, CfD Generators and Capacity Providers that are also MRA Parties wish to respond to this impact assessment can email MRACA@gemserv.com or call on 020 7090 1029 by close of play on 10 December 2020.

Confirmation of receipt for submission of Secure File Transfer Protocol (SFTP) metered data
2020-12-10
On 10 December 2020, Capacity Providers using Self-Submission Metering Pathway or Data Collector (DC) Metering Pathway submitting metered data via SFTP will now use the new SFTP folder structure. This new structure implements a notification when EMRS receives metered data from the Capacity Providers.
Capacity Providers will receive the below notifications when they submit their metered data:

Metered Data Received Notification
Metered Data successfully loaded Notification
Metered Data unsuccessfully loaded Notification

New SFTP Folder Structure
When Capacity Providers login on 10 December 2020, the SFTP Account will now include, STEP001_ARCHIVE, STEP001_IN and STEP001_OUT folders for the submissions of metered data. The STEP001_IN is where you will now submit your metered data and STEP001_OUT is where you will locate your notifications.
In addition, other changes are being implemented at the same time and more information is available in EMRC224 – Update on the EMRS changes for the Stress Event Improvement Programme 2020.

BEIS Consultation Deadline: LCCC and ESC Operational Costs 2021 to 2022
2020-12-14
The Department for Business, Energy and Industrial Strategy (BEIS) are seeking views on the proposed 2021 to 2022 operational cost budgets and resulting levies for the Low Carbon Contracts Company (LCCC) and the Electricity Settlements Company (ESC).
The operational costs of LCCC and ESC are recovered through levies on electricity Suppliers, as set out in legislation. This enables LCCC to enter into and manage Contracts for Difference (CfD) with low carbon electricity generators, while the ESC is responsible for financial transactions relating to the Capacity Market, including making capacity payments to capacity providers, controlling collateral and managing auction bid bonds.
Subject to the outcome of the consultation, the relevant regulations will be amended and the operational cost levies for 2021-22 will be reflected in secondary legislation. This is intended to be laid in Parliament in early 2021, to come into force (subject to the will of Parliament) before 1 April 2021.
The consultation will close at 11:45pm on 14 December 2020. For further details on the consultation and how to respond, please refer to BEIS’ dedicated webpage: Low Carbon Contracts Company and Electricity Settlements Company Operational Costs 2021 to 2022.

LCCC to determine the Total Reserve Amount (TRA) and Interim Levy Rate (ILR) – 1 April 2021 to 30 June 2021
2020-12-31
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 2021 to 30 June 2021.
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 Amount and the Interim Levy Rate.
The CFD Scheme Dashboard illustrates the calculations performed to determine Total Reserve Amount and the Interim Levy Rate. It provides calculations for the Quarterly Obligation Periods for which the LCCC have determined a non-zero Interim Levy Rate, a 15 month forecast and a Daily Reconciled Levy Rates. You can view the CFD Scheme Dashboard on the LCCC website.

Suppliers to ensure their Credit Cover lodged is sufficient for ILR of £8.283/MWh from 1 January 2021 to 31 March 2021
2020-12-31

ILR of £8.283/MWh applies from 1 January 2021
2021-01-01

Suppliers to be invoiced for the first Interim Rate payment based on £8.283/MWh from 1 January 2021 to 31 March 2021
2021-01-12

Webinar: CfD Interim Levy Rate & Total Reserve Amount for 1 April 2021 to 30 June 2021 Quarterly Obligation Period
2021-01-21 10:00 - 11:00 UTC
The Low Carbon Contracts Company (LCCC) Forecasting team will be hosting a webinar on Interim Levy Rate (ILR) and Total Reserve Amount (TRA) for the 1 April 2021 to 30 June 2021 Quarterly Obligation Period. The team will also introduce the new Data Portal on LCCC’s website.
Throughout the webinar there will be opportunity to ask questions
To register for this webinar please follow the ‘registration link’. To view other events being hosted by LCCC and ESC please visit their Events webpage.

Capacity Provider Webinar: Operational Update on Capacity Market Scheme
2021-02-11 11:00 - 12:00
The Electricity Settlements Company (ESC) are hosting a webinar to target those within the Capacity Market, or with an interest in the scheme. This is will be a regular series of webinars covering the current operational requirements and upcoming activity for Capacity Providers. ESC, EMRS, EMR Delivery Body (NGESO), OFGEM and BEIS all of which also be presenting at this event.
Throughout the webinar there will be ample opportunities to provide feedback and ask questions.
To register for this webinar please follow the ‘registration link’. To view other events being hosted by LCCC and ESC please visit their Events webpage.

An update on the proposed changes to the EMR backing data
2021-03-10 10:00 - 11:00
This webinar will provide Suppliers, CfD Generators and Capacity Providers with a summary of the proposed changes to the EMR backing data (including the DTC flows and CSV backing data (T-flows). The webinar will also provide an opportunity to raise any questions and confirm the next steps for these changes.
Our News Item and EMRS Circular 226 provides further information to proposed changes to the EMR backing data.
To register for this webinar please use this link ‘register here’.

Capacity Provider session to highlight the new Stress Event specific EMR backing data
2021-03-24 10:00 - 11:00
This webinar is focused on Capacity Providers to provide the detail on the new Stress Event specific backing data, CM Stress Event Position and CM Capacity Agreement Termination.
We’ll also summaries the updates to backing data to both data flow D0366 – CM Capacity Provider Invoice Backing Data and CSV format backing data, which is Stress Event related. The webinar will also provide an opportunity to raise any questions and confirm the next steps for these changes.
Further details is available in EMRC227: Update on Stress Event Testing Programme to highlight changes to backing data for Capacity Providers.

LCCC to determine the Total Reserve Amount (TRA) and Interim Levy Rate (ILR) – 1 July 2021 to 30 September 2021
2021-03-31
The Low Carbon Contracts Company (LCCC) is required to determine the Total Reserve Amount and Interim Levy Rate for the Quarterly Obligation Period 1 July 2021 to 30 September 2021.
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 Amount and the Interim Levy Rate.
The CFD Scheme Dashboard illustrates the calculations performed to determine Total Reserve Amount and the Interim Levy Rate. It provides calculations for the Quarterly Obligation Periods for which the LCCC have determined a non-zero Interim Levy Rate, a 15 month forecast and a Daily Reconciled Levy Rates. You can view the CFD Scheme Dashboard on the LCCC website.

EMRS issues revised Schedule of Supplier’s Monthly Supplier Charges and Credit Cover requirements
2021-03-31
Once EMRS receives actual metered data for the Periods of High Demand, an updated schedule will be sent to all Suppliers at the end of March 2021. This will include the updated amounts for Credit Cover requirement and Monthly Supplier Charges, applying from May 2021 through to the end of the Delivery Year.

Interim Levy Rate (ILR) is £9.954/MWh for 1 April 2021 to 30 June 2021
2021-04-01
On 29 March 2021, LCCC announced it has determined the ILR is £9.954/MWh for this Quarterly Obligation Period 1 April 2021 to 30 June 2021.
Suppliers need to ensure they have sufficient Credit Cover lodged by 5pm on 31 March 2021 to meet the increase in the Interim Levy Rate. The relevant reference period is 3 March 2021 to 23 March 2021 that will be used to calculate your Credit Cover amount for the 1 April 2021. WP42 – Supplier CfD Credit Cover and G5 – Supplier CfD Credit Cover provides details on how to lodge Credit Cover and how your Credit Cover is calculated.
Further details and key dates are available in the ‘LCCC adjust the Total Reserve Amount and Interim Levy Rate for 1 April 2021 to 30 June 2021’ news item.

Suppliers’ deadline to lodge Credit Cover based on revised requirements for 4 May 2020
2021-04-15 17:00
EMRS would like to inform Suppliers that their deadline to lodge Credit Cover based on the revised Credit Cover requirements for 4 May 2021 will be on 15 April 2021 at 5:00 PM.
WP45 – Supplier CM Credit Cover details the process for lodging Credit Cover including the Letter of Credit templates and bank details. G14 – Supplier CM Credit Cover provides further guidance on CM Credit Cover. Further details on Credit Cover are available in EMRC219.

Webinar: CfD Interim Levy Rate and Total Reserve Amount (ILR/TRA) for 1 July 2021 to 30 September 2021 Quarterly Obligation Period
2021-04-29 10:00 - 11:00
The Low Carbon Contracts Company (LCCC) Forecasting team will be hosting a webinar on Interim Levy Rate (ILR) and Total Reserve Amount (TRA) for the 1 July 2021 to 30 September 2021 Quarterly Obligation Period.
Throughout the webinar there will be opportunity to ask questions
To register for this webinar please follow the ‘registration link’. To view other events being hosted by LCCC and ESC please visit their Events webpage.

Suppliers to be invoiced for May’s Supplier Charge based on the revised schedule
2021-05-04 17:00
At the end of March 2021, a revised schedule of the monthly Capacity Market Credit Cover requirements and Supplier Charge for the 2020/21 Delivery Year will be issued to Suppliers.
Further details were captured in EMRC219 and in the Key Payment Figures 2020/21 includes the Weighting Factors and the Total Capacity Payments for the 2020/21 Delivery Year.

Launch of My EMRS
2021-06-01
EMRS, on behalf of Low Carbon Contracts Company (LCCC) and Electricity Settlements Company (ESC) are excited to announce the launch of My EMRS on 1 June 2021.
This is a new digital solution for Capacity Providers, CfD Generator and electricity Suppliers to register and maintain their registration details. Moving these processes to a digitalised platform provides numerous benefits, such as a paperless registration process, reduction of manual processes and provides a real-time view of registration details.
We have produced a short video to show you My EMRS and highlight some of the key features in advance of the launch.
You can locate further information and useful FAQs on our new ‘About My EMRS’ webpage.

LCCC to determine the Total Reserve Amount (TRA) and Interim Levy Rate (ILR) – 1 October 2021 to 31 December 2021
2021-06-30
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 2021 to 31 December 2021.
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 Amount and the Interim Levy Rate.
The CFD Scheme Dashboard illustrates the calculations performed to determine Total Reserve Amount and the Interim Levy Rate. It provides calculations for the Quarterly Obligation Periods for which the LCCC have determined a non-zero Interim Levy Rate, a 15 month forecast and a Daily Reconciled Levy Rates. You can view the CFD Scheme Dashboard on the LCCC website.

Interim Levy Rate (ILR) is £6.373/MWh for 1 July 2021 to 30 September 2021
2021-07-01
The ILR is £6.373/MWh for Quarterly Obligation Period 1 July 2021 to 30 September 2021.
The table below shows the key dates for the 1 July 2021 to 30 September 2021 Quarterly Obligation Period.

Date
Activity

30 June 2021
Suppliers to ensure their Credit Cover lodged is sufficient for ILR of £6.373/MWh from the 1 July 2021 to 30 September 2021

1 July 2021
ILR of £6.373/MWh applies for 1 July 2021 to 30 September 2021

12 July 2021
Suppliers to be invoiced for the first Interim Rate payment based on £6.373/MWh applies for 1 July 2021 to 30 September 2021

On 28 June 2021, LCCC issued a Stakeholder Bulletin to announce the Quarterly Obligation Period 1 July 2021 to 30 September 2021 adjusted the Interim Levy Rate from £8.608/MWh to £6.373/MWh. We have published supporting information to help Suppliers.
If Suppliers need to lodge additional Credit Cover the process is detailed in WP42 – Supplier CFD Credit Cover and G5 – Supplier CFD Credit Cover. Further details are available in the ‘LCCC determine Total Reserve Amount and Interim Levy Rate for 1 July 2021 to 30 September 2021’ news item.

2021 Capacity Market Launch Event
2021-07-13 13:00 - 15:00
Please join the EMR Delivery Body and Delivery Partners for the Annual Capacity Market Event taking place via webinar.
This is your opportunity to hear key updates from all Delivery Partners and find out more about developments in the Capacity Market and ahead of the Prequalification submission window opening on 21 July 2021.
EMR Delivery Body are also trying something new this year by covering some of our usual topics via podcasts which will be published in advance of the event. We look forward to seeing you at this year’s event. The deadline to register will be 9 July 2021.
To register for this webinar please complete this registration link.

LCCC's Forecasting Team: Update on the ILR & TRA
2021-07-23 10:00 - 11:00
This is an opportunity to hear from LCCC’s Forecasting Team on the Interim Levy Rate (ILR) and Total Reserve Amount (TRA) forecast for Quarterly Obligation Period 1 October 2021 to 31 December 2021. Plus, a look back at the outcomes from Quarterly Obligation Period 1 April 2021 to 30 June 2021, as well as to give your feedback on the recent changes LCCC have been making.
To register for this webinar please complete this registration link.
Further information on the ILR and TRA for Quarterly Obligation Period 1 October 2021 to 31 December 2021 is available in the News update.
Updates on the Interim Levy Rate & Total Reserve Amount

In Period Adjustment to Interim Levy Rate to £0.000/MWh
2021-09-14
In period adjustment to the Interim Levy Rate (ILR) to £0.000/MWh from £1.791/MWh. This is effective from 14 September 2021 to 30 September 2021, the end of the current quarterly obligation period.
Further details are available in the News item In Period Adjustment to Interim Levy Rate from 14 September 2021 to 30 September 2021.

Suppliers’ first deadline to lodge Credit Cover for October 2021
2021-09-15 17:00
When do I need to have my Credit Cover in place?
Suppliers are required to lodge Credit Cover by no later than 12 Working Days before the start of a month within a Delivery Year. Suppliers’ first deadline to lodge Credit Cover for October 2021 is by 5:00 p.m. on 15 September 2021.
How do I lodge Credit Cover?
Credit Cover is accepted as either cash, via a Letter of Credit or a combination of the two. Please note, in order for Credit Cover to be considered as lodged, the cash amount must have been received in the relevant bank account or a valid Letter of Credit must have been received by EMRS. When lodging a Letter of Credit by SWIFT message, please email a copy of the message to the Service Desk.
WP45 – Supplier CM Credit Cover details the process for lodging Credit Cover including the Letter of Credit templates and bank details. G14 – Supplier CM Credit Cover provides further guidance on CM Credit Cover. Should you wish to make changes to the wording of the Letter of Credit then these changes should be authorised by EMRS before submitting to our bankers. Unauthorised changes will be rejected and as a result could delay having your Credit Cover lodged.

Suppliers receive first monthly CM Supplier Charge for the 2021/22 Delivery Year
2021-10-01
Suppliers will be invoiced for the first monthly Supplier Charge payment for the 2021/22 Delivery Year. The monthly Supplier Charge will be as detailed in the schedule of monthly Capacity Market Credit Cover requirements and Supplier Charge for 2021/22 Delivery Year issued to Suppliers early August 2021.
Further information available:
News: Suppliers to receive Capacity Market Credit Cover and Supplier Charge schedule for the upcoming Delivery Year
EMR Circular: EMRC233 – Suppliers to receive Capacity Market Credit Cover and Supplier Charge schedule for the upcoming Delivery Year
Stakeholder Support: CM Supplier: Stakeholder Support – Supplier CM and select step 6 in the process map.

Capacity Providers Webinar
2021-10-14 10:00 - 11:00 | Online
This webinar from Electricity Settlement Company (ESC) will focus on data, in particular looking at how to use data to improve the scheme requirements and want to engage with Capacity Providers to gather your views and support.
Our priorities

Missing Metered Data – Following feedback from the Capacity Market Launch Event on 13 July 2021 ESC have investigated common issues Capacity Providers experience as to why EMRS are missing metered data, we will update on improvements and ask for further scenarios.
Metering Aggregation – Our largest missing data scenario. We will update on progress following on from our request to update before the start of the Delivery Year.
Stress Event Testing – We will provide an update on how we are looking at influencing change to the Stress Event process following our Testing Programme.
Data Analysis – We have been trailing proposals to enable efficiency.

Data Proposals we would like to explore with you:

Metered Data Testing – Automating how Satisfactory Performance Days (SPD) and Demand Side Response (DSR) testing is carried out to reduce the administration burden on Capacity Providers.
Secondary Trading Directory – Enable a platform for Capacity Providers to identify willing Capacity Providers to trade agreement capacity.
Stress Event Penalties – Reduce complexity and simplify the penalty structure so Capacity Providers are not mandated to provide data.

What do you want ESC to be focusing on? These would all require change with BEIS and Ofgem, but automation is possible. Before we continue, we would like to understand your views and if you would support these changes or alternatively, do you have different suggestions for change relating to data utilisation?
Please get in touch! We would welcome any ideas prior to the webinar and ask you to email contact@emrsettlement.co.uk and add ‘Data Utilisation Views’ in the subject title.
Do you have a question for ESC, EMRS or Delivery Body on the Capacity Market scheme? Alternatively, do have a topic you would like to be covered at a future webinar? If yes, please do email us at contact@emrsettlement.co.uk.
How do I register for this webinar? Please use the registration link to register for this webinar.

Webinar from LCCC's Forecasting Team on the ILR & TRA for Q1 2022
2021-10-25 10:00 - 11:00
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.
Further information on the Interim Levy Rate and Total Reserve Amount for Quarterly Obligation Period 1 January 2022 to 31 March 2022 is available in the News update.

Open Letter: Capacity Market New Technologies 2021
2021-11-01
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.
Please send your responses to energy.security@beis.gov.uk by 11:00pm 1 November 2021.
BEIS will publish the outcome of the review by 1 December 2021, as required by Rule 2.4.1(b).

Capacity Market 2021 Call for Evidence Deadline Extension
2021-11-01
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 change. If you have any questions or concerns, please contact energy.security@beis.gov.uk.

Deadline for Applicants who received a Conditional Prequalified status on Prequalification Results Day
2021-11-16 | Online
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 EMRS Service Desk.
Together the Delivery Partners including, Delivery Body, ESC and EMRS will communicate further details closer to Prequalification Results Day.
