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On 14 November 2023, LCCC issued a Stakeholder Bulletin to confirm for the Quarterly Obligation Period 1 January 2024 to 31 March 2024 the following: Adjusted the Interim Levy Rate to £4.540/MWh from 4.355/MWh Adjustment to the Total Reserve Amount to £467,160,775.24 from…
Read MoreConditionally Prequalified Applicants are required to provide Credit Cover within 15 Working Days (WDs) after Prequalification Results Day, this is 21 November 2023. The process for lodging a Letter of Credit (LoC) is by requesting your bank to issue a MT760…
Read MoreWe would like to confirm the Authorisation changes in My EMRS have been successfully implemented on the 10 October 2023. This change requires all amendments to be approved by either...
Read MoreThe Baseload Market Reference Price (BMRP) for the calculation season Winter 2023, which covers 1 October 2023 to 31 March 2024 is 128.81 £/MWh. This is now available on the Settlement Data for CfD Generators on the EMRS website. How will the BMRP…
Read MoreThe Electricity Settlement Body (ESC) would like to highlight about the change proposal CP373 ‘Delivery Body & Settlement Body Metering Process’ which was discussed at Capacity Market Advisory Group (CMAG) on 21 September 2023. ESC and EMR Delivery…
Read MoreWe are now publishing both the Capacity Market Credit Cover Default Register and Capacity Market Non-Payment Register on our website. You can locate these within the Settlement Data section of our website, in the Supplier, Capacity Provider…
Read MoreOn 27 September 2023, LCCC issued a Stakeholder Bulletin to confirm for the Quarterly Obligation Period 1 January 2024 to 31 March 2024 as follows: Interim Levy Rate is £4.355/MWh Total Reserve Amount is £559,042,630.40 Suppliers will receive formal notices to confirm this announcement…
Read MoreEMRS, on behalf of the Low Carbon Contracts Company (LCCC) and Electricity Settlements Company (ESC), confirms for the Financial Year 2022/23 (1 April 2022 to 31 March 2023): A repayment of excess CfD Operational Costs will be paid to Suppliers based on the Total Repayment of Excess…
Read MoreThe Weighting Factors for 2023/24 Delivery Year are now published in the Key Payment Figures 2023/24 on the website. You can locate these in the Settlement Data section and download the relevant year as required. To help, here is…
Read MoreWe are pleased to confirm the EMR Backing Data changes have now been implemented. Suppliers, CfD Generators and Capacity Providers will start receiving the updated backing data from today, 30 June 2023 in both data flows via DTN and CSV format. As part of this change we have introduced Interface…
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