With the first Capacity Market Delivery Year starting in October 2016, Suppliers will have to be prepared to meet new requirements such as having to lodge Credit Cover and make new payments e.g. monthly Supplier Charge and reconciliation payments. To support Suppliers, EMRS on behalf of the Electricity Settlements Company (ESC), hosted an hour-long webinar to provide them with an overview of Supplier charges in the Capacity Market.
With over 90 participants, the webinar introduced Suppliers to the new payments, including worked examples and a walkthrough of backing data, introduced by the Delivery Year starting. It also covered reconciliation and non-compliance processes and provided supporting information to help Suppliers in validating invoices.
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