News

Interim solution exempting electricity supplied to Licensed Generators or Storage Facilities from paying EMR levies and charges

On 22 November 2018, EMRS issued EMR Circular 170 on behalf of Low Carbon Contracts Company (LCCC) and Electricity Settlements Company (ESC), to inform Suppliers that the BSC Panel has approved LCCC’s proposed interim solution…

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Suspension of the Capacity Market

On the 6 December 2018, the Energy Minister Claire Perry MP published a Ministerial Statement updating Parliament on the process that the Government will follow as it seeks to reinstate the Capacity Market following the European Court of Justice decision…

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Capacity Market: EMRS System and Processes Documents updated to reflect changes to the Stress Event calculation for Storage Facilities

EMRS would like to inform Capacity Providers that EMRS system and process documents have been updated to reflect the changes to the Storage Facility baseline formula (OF13), effective for the 2018/19 Delivery Year. This change was part of the …

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Winter 2018 Baseload Market Reference Price published

The Baseload Market Reference Price (BMRP) for the Calculation Season Winter 2018, which covers October 2018 to March 2019, is 62.55 £/MWh. This is now available with all the historical BMRP’s on the Settlement Data page of the…

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Updates from LCCC on the Interim Levy Rate and Total Reserve Amount

Low Carbon Contracts Company (LCCC) has determined the following: For the 1 October 2018 to 31 December 2018 Quarterly Obligation Period, the Interim Levy Rate is adjusted to £3.669/MWh from £4.080/MWh and the Total Reserve Amount to £48,089,46230…

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Adjusted Interim Levy Rate Notice issued to Suppliers

Low Carbon Contracts Company (LCCC) has adjusted the Interim Levy Rate (ILR) to £2.532/MWh from £3.899/MWh. This is effective from 28 August 2018 until 30 September 2018, the end of the current quarterly obligation period. On behalf of LCCC,…

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On Wednesday 19 September 2018 LCCC are hosting their Annual Supplier Event

The Low Carbon Contracts Company (LCCC), is hosting its ‘Annual Supplier Event’ on Wednesday 19 September 2018. The event will be at Prospero House, 241 Borough High Street, London SE1 1GA. Registration starts at 9:00 and the event will finish at 15:30 What…

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Suppliers to receive Capacity Market Credit Cover and Supplier Charge schedule for the upcoming Delivery Year

On the 27 July 2018 EMRS, on behalf of Electricity Settlements Company (ESC), will be issuing to Suppliers a schedule of their monthly Capacity Market Credit Cover requirements and Supplier Charge for the upcoming 2018/19 Delivery Year on 27…

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Capacity Market – Capacity Cleared Price Adjusted for UK Consumer Prices Index

On the 27 July 2018, EMRS issued EMRC162 on behalf of Electricity Settlement Company (ESC), EMRS would like to inform Capacity Providers that the Capacity Cleared Price (CCP) for the T-4 2014 Auction has been adjusted by UK…

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Suppliers to receive refund of excess Operational Costs and Settlement Costs Levy for Financial Year 2017/18

On the 27 July 2018, EMRS issued EMRC161, on behalf of Low Carbon Contracts Company (LCCC) and Electricity Settlements Company (ESC), to confirm for the Financial Year 2017/18 (1 April 2017 to 31 March 2018): A repayment of…

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