We have published a working practice document on ‘Applicant Credit Cover’. To enter the Capacity Market Auction, some Applicants will need to lodge Credit Cover with the Settlement Body (the Electricity Settlements Company), as part of Pre-qualification. This guide gives Applicants key information on how to lodge Credit Cover.
You can download ‘Working Practice – Capacity Market – Applicant Credit Cover Process’ from the new ‘Working Practices’ page on the EMR Settlement website under the Publication section.
For full details about ‘Applicant Credit Cover’ please read EMR Circular 15.