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On 6 December 2016, EMRS, on behalf of Electricity Settlements Company, will issue the first Capacity Payment credit notes for the 2016/17 Delivery Year to Capacity Providers. The credit note will cover the October 2016 period and will…
Read MoreIn response to the feedback received from our stakeholders, EMRS, along with Low Carbon Contracts Company, will be launching the EMR Settlement Portal. We will be doing a phased rollout to EMR Parties over the next month, with…
Read MoreThe Low Carbon Contracts Company (LCCC) and EMRS held an event for Suppliers on 9 November 2016 which provided an overview of the Electricity Market Reform, the different roles and responsibilities of the EMR Delivery Partners and Supplier Payments. You…
Read MoreWe have published a new Guidance document and made updates to a number of Working Practices. Who does this impact and what are the changes? Document Who this impacts? Changes G16 – Supplier Contracts for Difference Payments Suppliers NEW…
Read MoreLow Carbon Contracts Company (LCCC) has adjusted the Interim Levy Rate to zero from £0.594 per MWh. This is effective from 14 November 2016 until 31 December 2016 (being the end of the current quarterly obligation period)…
Read MoreThe Baseload Market Reference Price (BMRP) for winter 2016, which covers October 2016 to March 2017, is 43.67 £/MWh. BMRP is used to calculate CFD payments for baseload Generators. When the BMRP is below a pre-agreed £/MWh value (Strike Price), as…
Read MoreLow Carbon Contracts Company (LCCC) has adjusted the Interim Levy Rate from £1.016 to £0.594 per MWh, effective from 10 October 2016, for the remainder of the quarterly obligation period 1 October 2016 to 31 December 2016. Suppliers have been issued an…
Read MoreOn 9 November 2016 EMRS and LCCC are hosting an seminar to introduce Suppliers to the Contracts for Difference (CFD) and the Capacity Market (CM) schemes…
Read MoreEMRS has issued a notice to Suppliers, on behalf of Low Carbon Contracts Company (LCCC), to inform them that the Total Reserve Amount and the Interim Levy Rate for 1 January 2017 to 31 March 2017 is as follows: Total Reserve Amount –…
Read MoreWe have published example files of the Penalty Charge Invoice and Over-Delivery Credit Note. Capacity Providers may receive these after a Stress Event has been called depending on whether they exceed or under deliver on their Capacity Obligation. These example…
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