On 1 February 2018, EMRS issued EMRC147 to inform Suppliers that the Electricity Capacity (Amendment) Regulations 2017 replaces net demand with gross demand in calculating Capacity Market (CM) charges for Suppliers. This will apply as follows:
- Settlement Costs Levy payments for the Financial Year starting 1 April 2018
- Supplier Capacity Market Charge payments for the Delivery Year starting 1 October 2018
EMRC147 provides further details on the background of this change, updates to backing data, the documentation to be updated and the timeline of activities going forward.