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The Department for Business, Energy and Industrial strategy (BEIS) is seeking views on the proposed 2022/23, 2023/24 and 2024/25 operational cost budgets and resulting levies for the Low Carbon Contracts Company (LCCC) and the Electricity Settlements Company (ESC). LCCC enters into and manages Contracts for Difference (including the Investment Contracts which have been transferred to...
If you have received Conditional Requalified status following Tier 1 Disputes you must lodge Credit Cover by 14 December 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...
On 15 December 2021, LCCC issued a Stakeholder Bulletin to announce for the Quarterly Obligation Period 1 January 2022 to 31 March 2022 the Interim Levy Rate is adjusted to £0.000/MWh. From 1 January 2022, Suppliers will be required to maintain Credit Cover using the adjusted ILR of £0.000/MWh. Further information on the process on lodging or requesting excess Credit...
