News

Supplier Capacity Market Demand forecast due 1 June for 2020/21 Delivery Year

Suppliers are required, under the Electricity Capacity (Supplier Payment etc.) Regulations 2014, to provide a forecast of their Gross Demand for the Period of High Demand (Peak Period) for the 2020/21 Delivery Year, by 1 June 2020. This forecast is used…

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BEIS has issued a Capacity Market Consultation on Proposed Easements in Response to COVID-19 Pandemic

On Friday 24 April 2020, BEIS communicated about amendments they are considering introducing with respect to the GB Capacity Market (CM) in recognition of the potential impact of the COVID-19 pandemic on Capacity Providers. They have published a consultation: …

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BEIS advances loan to support Interim Levy Rate for the current Quarterly Obligation Period

EMRS, on behalf of Low Carbon Contracts Company (LCCC), would like to confirm to Suppliers the Interim Levy Rate (ILR) and Total Reserve Amount (TRA) for the current Quarterly Obligation Period remains unchanged from the rate previously published. On 30…

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Summer 2020 Baseload Market Reference Price

The Baseload Market Reference Price (BMRP) for the calculation season Summer 2020, which covers April 2020 to September 2020, is £39.41 MWh. This is now available with all the historical BMRP’s on the Settlement Data page of the EMRS website…

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LCCC has determined the Total Reserve Amount and Interim Levy Rate from 1 July 2020 to 30 September 2020

On 30 March, EMRS issued a notice to Suppliers to inform them the Total Reserve Amount (TRA) and the Interim Levy Rate (ILR) for Quarterly Obligation Period 1 July 2020 to 30 September 2020 are as follows: Total Reserve Amount is…

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EMRS Settlement Calendar for 1 April 2020 to 31 March 2021 published

EMRS has published the Settlement Calendar that covers settlement days 1 April 2020 to 31 March 2021. This schedule provides Capacity Providers, CFD Generators and Suppliers details of when payments will be invoiced, when payments are due, and if applicable, the…

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Suppliers to receive revised Capacity Market Credit Cover and Supplier Charge schedule for 2019-20 Delivery Year

On 26 March 2020, EMRS issued EMRC203 to advise Suppliers a revised schedule of their monthly Capacity Market Credit Cover requirements and Supplier Charge for the 2019/20 Delivery Year is being issued on 27 March 2020. This is based…

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Temporary closure of our office to manage impact of COVID-19

To help manage the impact of COVID-19, EMRS staff are working remotely until further notice. We are doing this to safeguard the well-being of our staff. EMRS have robust business continuity plans in place for our teams and service providers Continuing…

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New Strike Price Adjustment calculation to manage Allocation Round 3 contracts

EMRS, on behalf of Low Carbon Contracts Company (LCCC) would like to inform CFD Generators that the EMRS systems and processes have been updated to reflect the new Strike Price Adjustment (SPA) calculation for all Allocation Round 3 (AR3)…

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Capacity Providers paid over £1bn for their deferred capacity payments for the standstill period

Electricity Settlements Company (ESC) is pleased to announce that Capacity Providers have today been paid over £1bn, in full settlement of their deferred capacity payments for the standstill period. ESC has communicated this via a Press Release…

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