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Our latest news, highlights all operational activities, scheme changes, delivery improvements and associated updates from other delivery partners to keep Capacity Providers, CfD Generators and Suppliers well informed.
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On 15 February 2024, LCCC issued a Stakeholder Bulletin to confirm an adjustment to the Interim Levy Rate and Total Reserve Amount from 1 April 2024 to 30 June 2024 as follows: Increase Interim Levy Rate to £11.522/MWh from £7755/MWh Decrease…
Read MoreOn 26 January 2024, the parameters for the Capacity Market T-1 2024/24 and T-4 2027/28 Auctions were concluded. They are published and can be accessed here on the government website. National Grid ESO submitted their recommendations for the Auctions to…
Read MoreOn 26 January 2024, LCCC issued a Stakeholder Bulletin to confirm an in-period adjustment to the Interim Levy Rate from £4.540/MWh to £10.748/MWh effective from 25 February 2024 to 31 March 2024. Suppliers will receive a formal notice to confirm this…
Read MoreOn 14 November 2023, LCCC issued a Stakeholder Bulletin to confirm for the Quarterly Obligation Period 1 January 2024 to 31 March 2024 the following: Adjusted the Interim Levy Rate to £4.540/MWh from 4.355/MWh Adjustment to the Total Reserve Amount to £467,160,775.24 from…
Read MoreConditionally Prequalified Applicants are required to provide Credit Cover within 15 Working Days (WDs) after Prequalification Results Day, this is 21 November 2023. The process for lodging a Letter of Credit (LoC) is by requesting your bank to issue a MT760…
Read MoreWe would like to confirm the Authorisation changes in My EMRS have been successfully implemented on the 10 October 2023. This change requires all amendments to be approved by either...
Read MoreThe Baseload Market Reference Price (BMRP) for the calculation season Winter 2023, which covers 1 October 2023 to 31 March 2024 is 128.81 £/MWh. This is now available on the Settlement Data for CfD Generators on the EMRS website. How will the BMRP…
Read MoreThe Electricity Settlement Body (ESC) would like to highlight about the change proposal CP373 ‘Delivery Body & Settlement Body Metering Process’ which was discussed at Capacity Market Advisory Group (CMAG) on 21 September 2023. ESC and EMR Delivery…
Read MoreWe are now publishing both the Capacity Market Credit Cover Default Register and Capacity Market Non-Payment Register on our website. You can locate these within the Settlement Data section of our website, in the Supplier, Capacity Provider…
Read MoreOn 27 September 2023, LCCC issued a Stakeholder Bulletin to confirm for the Quarterly Obligation Period 1 January 2024 to 31 March 2024 as follows: Interim Levy Rate is £4.355/MWh Total Reserve Amount is £559,042,630.40 Suppliers will receive formal notices to confirm this announcement…
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