Interim Levy Rate for 1 October 2023 to 31 December 2023
2023-10-01
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 in WP42 – Supplier CfD Credit Cover.
We have published supporting information for Suppliers in our News Section on the website.

System Stress Event Overview Webinar
2023-10-19 14:00 - 15:30 UTC
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
Relevant Balancing Services and Relevant Interruptions
Capacity Volume Register (CVR)
Activities associated with Volume Reallocation
An update on Mock System Stress Event Reporting (this is an email to exercise to Capacity Providers)

We want to particularly encourage the attendance of Capacity Providers that are new to the Capacity Market, as well as individuals that would be required to support activities should a Stress Event occur. We also welcome those who would like a refresher on the above topics.
This will also be an opportunity to ask any questions you may have to the following organisations:

Capacity Market Delivery Partners (including National Grid Electricity System Operator)
Electricity Market Reform Delivery Body (EMR DB)
Electricity Settlements Company (ESC)
EMR Settlement (EMRS)

In preparation for this webinar, we also recommend for attendees to have looked through G18 – CM Stress Event Guide to support any content covered during the session.
Please register for the webinar here.

LCCC Webinar to Introduce the ILR and TRA forecasts for Q1 2024
2023-10-25 10:00 - 11:00
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 event please email info@lowcarboncontracts.uk.

Deadline for Conditionally Prequalified Applicants to lodge Credit Cover
2023-11-21 17:00
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 Credit Cover is 21 November 2023. Also our Working Practice, WP35 – Applicant Credit Cover will provide you with the templates for Letter of Credit and also the bank account details to lodge cash Credit Cover is required. The Stakeholder Support for Capacity Provider webpage provides an interactive process map detailing the activities and interactions you’ll have with EMRS as a Capacity Provider to support you in participating in the Capacity Market scheme.

Tier 1 Disputes - Credit Cover Deadline
2023-12-19
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 Practice, WP35 – Applicant Credit Cover will provide you with the templates for Letter of Credit and also the bank account details to lodge cash Credit Cover is required. The Stakeholder Support for Capacity Provider webpage provides an interactive process map detailing the activities and interactions you’ll have with EMRS as a Capacity Provider to support you in participating in the Capacity Market scheme.

Interim Levy Rate & Total Reserve Amount determined for Q2 2024
2023-12-29
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 Interim Levy Rate.
The CfD Scheme Dashboard illustrates the calculations performed to determine the Interim Levy Rate and Total Reserve Amount. It also provides a 15 month forecast and a Daily Reconciled Levy Rates. You can view the CfD Scheme Dashboard on the LCCC website.

Deadline to lodge CfD Supplier Credit Cover for Q1 2024
2023-12-29 17:00
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 have published supporting information about how to lodge Credit Cover for Suppliers in our News Section on the website.

SFTP Downtime
2024-01-20 10:00 - 2024-01-21 17:00
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 January 2024 and 5:00pm on Sunday 21 January 2024.
Additionally, failed files will not be stored anywhere for EMRS to pick up at a later date. In the event that files are automated and scheduled for a set time, and the files will fail to transfer, please contact us to arrange alternative collection of files by Thursday 18 January 2024.
The service will be available again from 5:00pm on Sunday 21 January 2024.

LCCC Webinar to Introduce the ILR and TRA forecasts for Q2 2024
2024-01-25 10:00 - 11:00
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 event please email info@lowcarboncontracts.uk.

T-1 Auction for 2024/25 Delivery Year
2024-02-20 08:00 - 2024-02-21 17:00
The T-1 Auction for 2024/25 Delivery Year commences. Further details on the Auction are location on the EMR Delivery Body website.

Deadline to lodge CfD Supplier Credit Cover for Q1 2024
2024-02-23 17:00
Due to an in-period adjustment to the Interim Levy Rate from £4.540/MWh to £10.748/MWh effective from 25 February 2024 to 31 March 2024. 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 23 February 2024. We have published supporting information about how to lodge Credit Cover for Suppliers in our News Section on the website.

T-4 Auction for 2027/28 Delivery Year
2024-02-27 08:00 - 2024-02-28 17:00
The T-4 Auction for 2027/28 Delivery Year commences. Further details on the Auction are location on the EMR Delivery Body website.

LCCC hosting a Supplier Event
2024-02-29 10:00
On 29 February 2024, Low Carbon Contracts Company (LCCC) are hosting an event for Suppliers.
This event aims to keep Suppliers informed about LCCC’s latest policies and developments, and will give you a chance to find out more about the journey towards Net Zero and how LCCC are integral to this change. During this event, it will also cover updates regarding the settlement schemes Contracts for Difference, Capacity Market and Nuclear RAB, an opportunity to raise questions with LCCC, also hear from other speakers and share insights between industry experts.
If not yet registered for this event, please do register via this link and you’ll be kept updated with further details regarding the agenda for the day.

T-1 Auction Results for 2024/25 Delivery Year
2024-03-01 08:00 - 17:00
T-1 Final Auction Results will be published on the 1 March 2024 and in the interim, the Provisional Auction Results are available.
Further details on the Final Auction Results will be made available on the EMR Delivery Body website.

T-4 Auction Results for 2027/28 Delivery Year
2024-03-08 08:00 - 17:00
T-4 Auction Results will be published on the 8 March 2024 and in the interim, the Provisional Auction Results are available.
Further details on the Auction Results will be made available on the EMR Delivery Body website.

Deadline to lodge CfD Supplier Credit Cover for Q2 2024
2024-03-28 17:00
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 £11.522/MWh is effective from 1 April 2024 to 30 June 2024.
If a Supplier is required to lodge additional Credit Cover, please ensure you have sufficient Credit Cover lodged by 5:00pm on 28 March 2024. We have published supporting information about how to lodge Credit Cover for Suppliers in our News Section on the website.

Deadline to provide Metering Test Certificate to EMR DB
2024-03-31
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 on My EMRS by submitting a Single Line Diagram, Metering Statement and any additional supporting documentation. After completing the Metering Test, we will notify the Capacity Provider of the outcome of the Metering Test. If successful, the Capacity Provider will be able to request a Metering Test Certificate on My EMRS.
WP197 – Capacity Market Metering Test is available to download and steps you through the Metering Test process.
If you need further support, please do get in touch via Contact@emrsettlement.co.uk.

Deadline to provide Metering Test Certificate to EMR DB
2024-04-01
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 EMRS by submitting a Single Line Diagram, Metering Statement and any additional supporting documentation. After completing the Metering Test, we will notify the Capacity Provider of the outcome of the Metering Test. If successful, the Capacity Provider will be able to request a Metering Test Certificate on My EMRS.
WP197 – Capacity Market Metering Test is available to download and steps you through the Metering Test process.
If you need further support, please do get in touch via Contact@emrsettlement.co.uk.

Supplier’s Capacity Market Monthly Credit Cover Deadline
2024-04-15
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 Credit Cover and Supplier Charge schedule for the 2023/24 Delivery Year which Suppliers receive at the end of March 2024. A copy of this schedule will be available on My EMRS for Suppliers to review. Supporting information is available on the Stakeholder Support for Suppliers webpage.

LCCC webinar on the ILR and TRA forecast for Q3 2024
2024-04-24 10:00 - 11:00
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 else would be useful to discuss during the webinar, please can you email LCCC via this email address: info@lowcarboncontracts.uk.

Nuclear RAB webinar hosted by LCCC and DESNZ
2024-05-22 10:30 - 11:30
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 (DESNZ, LCCC, EMRS and Ofgem).
Inform suppliers on what your obligations are and what information is required.
Understand how we can support you through these milestones.

There will also be a Q&A and we will be in attendance to answer your questions.
If not yet registered for this webinar, please do so via this link. In particular, we’d like to encourage Suppliers who didn’t attend the LCCC Supplier event in February to attend this webinar.

Supplier Capacity Market Demand Forecast 2024 Deadline
2024-05-31
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 Cover requirements for 2024/25 Delivery Year.
The email issued to Suppliers will include the following:

CSV forecast template to be completed by entering a demand figure for each of the upcoming peak months (to 3 decimal places), saving and attaching this to your reply to the Service Desk.
Supporting Instructions (PDF) contains your actual peak demands for the previous two Delivery Years (where available) and further information on completing the forecast.

‘Reminder’ emails will be issued at specified intervals at seven, two and one working day prior to the Friday 31 May 2024 demand forecast deadline. The demand forecast template and the reminders emails will be issued to the Primary Company email addresses.
Upon returning back your completed CSV forecast templates via email, we do ask Suppliers to provide any supporting commentary within your reply to us via the Service Desk.
Please visit the Stakeholder Support – CM Supplier webpage which provides information on completing your forecast. We also have WP5 – Supplier Capacity Market Demand Forecast, and G12 – Supplier Capacity Market Demand Forecast for further information.
Once all forecasts are received and reviewed, EMRS will look to send Supplier’s their Schedule of Supplier’s Monthly CM Supplier Charges and Credit Cover by the end of July 2024.

Interim Levy Rate & Total Reserve Amount determined for Q4
2024-06-18
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 Interim Levy Rate.
The CfD Scheme Dashboard illustrates the calculations performed to determine the Interim Levy Rate and Total Reserve Amount. It also provides a 15 month forecast and a Daily Reconciled Levy Rates. You can view the CfD Scheme Dashboard on the LCCC website.

Deadline to lodge CfD Supplier Credit Cover for Q3 2024
2024-06-28 17:00
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 have published supporting information about how to lodge Credit Cover for Suppliers in our News section on the website and also via the Stakeholder Support for Supplier – CfD.

ILR for Q3 2024 Applies
2024-07-01
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 in WP42 – Supplier CfD and Nuclear RAB Credit Cover.
We have published supporting information for Suppliers in our News section on the website.

Delivery Body Prequalification Launch Event
2024-07-23 09:00 - 17:00
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 the Metering activities and signposting activities to support the next Delivery Year. We will be available to answer any queries you may have and we look forward to seeing you there!

LCCC webinar on the ILR and TRA forecast for Q4 2024
2024-07-24 10:00 - 11:00
LCCC’s Forecasting Team are hosting a webinar on the Interim Levy Rate and Total Reserve Amount forecast for Q4 2024. Also, they will cover the outcome from how the Q2 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 else would be useful to discuss during the webinar, please email LCCC at info@lowcarboncontracts.uk.

CP373 Functionality Goes Live on My EMRS!
2024-07-29
We are very excited to announce that the additional functionality to support the ‘Process Transfer from Delivery Body to Settlement Body for Metering Activities’ has been successfully deployed to My EMRS as of today, Monday 29 July 2024.
This change simplifies prequalification processes by moving Metering Activities to occur after prequalification for Applicants or/and Capacity Providers. With the new functionality in My EMRS, Capacity Providers can now undertake these processes:

Metering Configuration/Aggregation Rules
Change Requests
Metering Assessments
Metering Tests
Metering Test Certificates
Demand Side Response (DSR) Component Reallocation
Capacity Market Volume Reallocation Notification (CMVRN)

Supporting Information
We strongly recommend reading our latest news item – Metering functionality successfully deployed within My EMRS! – for more details and visiting our Latest Changes webpage for CP373, which centralises all relevant information for Capacity Providers.

Deadline for six week baseline demand for DSR CMUs
2024-08-20 17:00
Under the Capacity Market Rules, Capacity Providers are required to provide a baseline demand (in MW) for all Demand Side Response (DSR) CMU Components starting six weeks prior to the start of the next Delivery Year. During a System Stress Event, this baseline can be compared with the actual demand to determine the volume of capacity generated through DSR at that DSR CMU Component.
This year the deadline to provide the baseline metered data for the 2024/25 Delivery Year is by 5:00pm on Tuesday 20 August 2024, exactly six weeks prior to the start of the Delivery Year on 1 October 2024.
By 5:00pm on Tuesday 20 August 2024 you must have your metering pathways setup to ensure that by the start of the Delivery Year you will have provided six weeks’ worth of metered data.
Please take a look at step 5 of our Stakeholder Support for Capacity Providers webpage, which details how to setup your metering pathways. WP195 – CM & CfD Metered Data also provides information on submitting metered data prior to the start of the Delivery Year.
Please get in touch via 020 7380 4333 or email contact@emrsettlement.co.uk if you have a query, we will be happy to help.

LCCC Panel: Investor Analysis on the Contracts for Difference Scheme
2024-08-22 14:00 - 15:00 | Online
We are pleased to invite you to an online panel event hosted by the Low Carbon Contracts Company (LCCC).
Join them on Thursday 22nd August, from 2 PM to 3 PM, for an in-depth exploration of the latest annual Investor Analysis on the Contracts for Difference (CfD) scheme – a cornerstone in de-risking investments and driving growth in Great Britain’s renewable energy sector.
This event will provide valuable insights into current energy investment trends and the role of the CfD scheme in fostering a sustainable and competitive market.
To register for the event, please click here.
