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Capacity Providers are required to provide Metering Test Certificates to the EMR Delivery Body. For Delivery Year 2024/25, the deadline to provide this to EMR DB is Tuesday 1 October 2024 for New Build Generating CMUs, Refurbishing Generating CMUs and Prospective Interconnector CMUs for T-1 Auction. To obtain your Metering Test Certificate, you must first complete...
LCCC’s Forecasting Team are hosting a webinar on the Interim Levy Rate and Total Reserve Amount forecast for Q1 2025. Also, they will cover the outcome from how the Q3 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...
We would like to remind those who submit metered data via a self-submission metering pathway that Sunday 27 October 2024 is a clock change. The clocks go back an hour and this results in the Settlement Day, Sunday 27 October 2024 having 50 Settlement Periods. The method to deal with clock change days is described in Appendix 1...
On 19 November 2024, we will issue Mock System Stress Event Reporting to Capacity Providers. This reporting is to address data quality issues to improve the overall settlement accuracy if a System Stress Event were to happen. We have consolidated further details together on our Settlement Data webpage to support Capacity Providers in understanding the...
Following Prequalification Results Day on 12 November 2024, those Conditionally Prequalified Applicants are required to provide Credit Cover within 15 Working Days (WDs) after Prequalification Results Day; this deadline is 3 December 2024. Our Working Practice, WP35 – Applicant Credit Cover will provide you with the templates for Letter of Credit and also the bank account...
NESO (EMR Delivery Body) has completed the assessment and Applicants who disputed their initial prequalification decision are notified of appeal outcome. This date is confirmed within the Capacity Market Operational Plan published on NESO's website.
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 2025 to 30 June 2025. 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 £7.608/MWh is effective from 1 January 2025 to 31 March 2025. If a Supplier is required to lodge additional Credit Cover, please ensure you have sufficient Credit Cover lodged by 5:00pm on 31 December 2024. We...
Following Tier 1 Disputes Results Day on 10 December 2024, those Conditionally Prequalified Applicants are required to provide Credit Cover within 15 Working Days (WDs) after Tier 1 Disputes Results Day; this deadline is 3 January 2025. Our Working Practice, WP35 – Applicant Credit Cover will provide you with the templates for Letter of Credit and...
LCCC’s Forecasting Team are hosting a webinar on the Interim Levy Rate and Total Reserve Amount forecast for Q2 2025. Also, they will cover the outcome from how the Q4 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...
