Quarterly Obligation Period 1 October 2022 to 31 December 2022
- Interim Levy Rate is £0.000/MWh
- Total Reserve Amount (TRA) is £390,333,501.70
Update on the Quarterly Obligation Period 1 October 2022 to 31 December 2022 (Q4 2022)
LCCC will be monitoring the market prices closely, and may be required to consider an adjustment of the Interim Levy Rate or Total Reserve Amount or both, either upwards or downwards, prior to the start of the Quarterly Obligation Period. We will support LCCC in keeping Suppliers informed.
For further detail on LCCC’s calculations, please refer to the CfD Levy Dashboards on the LCCC website.
What are my requirements against Interim Rate payments and Credit Cover?
From 1 October 2022, Suppliers will be required to maintain Credit Cover using the adjusted ILR of £0.000/MWh. Further information on the process on lodging or requesting excess Credit Cover is available in WP42 – Supplier CfD Credit Cover.
Where can I locate information on how my Reserve Payment is calculated?
Your Reserve Payment Notice will be issued on 9 July 2022. G3 – CfD Reserve Payment provides information on how the Reserve Payments are calculated.
EMRS Settlement Calendar will provide the dates for when invoices will be generated and when payments are due. Key Payment Figures will provide details of the ILR and the TRA for the Quarterly Obligation Periods. These are both available on the Settlement Data webpage on the EMRS website.
Who do I contact if I have a query?
|EMRS||Reserve Payment, Total Reserve Amount & Interim Levy Rate Notice, Quarterly Supplier Reconciliation Invoice, and Credit Cover||020 7380 4333||[email protected]|
|LCCC||General queries about LCCC or the management of the CfD scheme, including calculation of the Total Reserve Amount and Interim Levy Rate||020 7211 8881||[email protected]|