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...

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.

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...