News
In period adjustment to Interim Levy Rate from 18 February 2021 to 31 March 2021
Low Carbon Contract Company (LCCC) has adjusted the Interim Levy Rate (ILR) to £6.273/MWh from £8.283/MWh. This is effective from 18 February 2021 until 31 March 2021, the end of the current quarterly obligation period. On behalf of LCCC,…
Read MoreBEIS response to the consultation: Low Carbon Contracts Company and Electricity Settlements Company Operational Costs 2021 to 2022
On 21 January 2021, the Department for Business, Energy and Industrial Strategy (BEIS) published the response to this consultation, summarising the feedback received on each of the consultation questions and setting out the government’s response to the points raised…
Read MoreCapacity Provider Webinar: Operational Update on Capacity Market Scheme
On 11 February 2021, Electricity Settlements Company (ESC) are hosting a webinar at 11:00am for an hour to target those within the Capacity Market, or with an interest in the scheme. This is will be a regular…
Read MoreLCCC has determined the Total Reserve Amount and Interim Levy Rate 1 April 2021 to 30 June 2021
On 17 December 2020, Low Carbon Contracts Company (LCCC) announced it has determined the Total Reserve Amount (TRA) and the Interim Levy Rate (ILR) for Quarterly Obligation Period 1 April 2021 to 30 June 2021 are as follows: Total Reserve Amount…
Read MoreSuccessful implementation of EMRS changes to support the Stress Event Improvement Programme 2020
EMRS would like to inform Capacity Providers we have successfully implemented four changes. These changes support the Stress Event Improvement Programme 2020: Online submission of Capacity Market Volume Reallocation Notifications (CMVRN) via the EMRS Portal Confirmation of receipt for submission of…
Read MoreUpdate on the EMRS changes for the Stress Event Improvement Programme 2020
EMRS would like to provide Capacity Providers with an update on the progress of the changes as part of the Stress Event Improvement Programme. The four changes are: Online submission of Capacity Market Volume Reallocation Notifications (CMVRN) Confirmation of receipt for submission…
Read MoreBEIS Consultation: Low Carbon Contracts Company and Electricity Settlements Company Operational Costs 2021 to 2022
The Department for Business, Energy and Industrial Strategy (BEIS) are seeking views on the proposed 2021 to 2022 operational cost budgets and resulting levies for the Low Carbon Contracts Company (LCCC) and the Electricity…
Read MoreProposal submitted to update data flows to support EMR backing data
We would like to inform Suppliers, CfD Generators and Capacity Providers that the MRA Development Board (MDB) at its October meeting agreed the Solution Pre-Assessment related to Electricity Market Reform (EMR) would go out for 30 working day impact assessment…
Read MoreConditionally Prequalified Applicants required to lodge Credit Cover 27 November 2020
Following Prequalification Results Day on 6 November 2020, those Conditionally Prequalified Applicants are required to provide Credit Cover within 15 Working Days (WDs) after Prequalification Results Day; this deadline is 27 November 2020. To support Applicants the EMR Delivery Body have…
Read MoreSupplier Webinar – Operational update on CfD and CM schemes
On 19 November 2020, Low Carbon Contracts Company (LCCC), the Electricity Settlements Company (ESC) and EMRS will be hosting a webinar for Suppliers, starting at 2:00pm. The aim of this webinar is to provide an Operational update on the…
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