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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CfD Supplier Credit Cover Deadline – 28 March 2024

Posted on: 18/03/2024

Suppliers are required to maintain their Credit Cover requirement using the Interim Levy Rate applicable for the Quarterly Obligation Period. The Interim Levy Rate of £11.522/MWh is effective from 1 April 2024 to...

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LCCC confirms ILR and TRA for Q3 2024

Posted on: 18/03/2024

On 18 March 2024, LCCC issued a Bulletin to confirm for the Quarterly Obligation Period 1 July 2024 to 30 September 2024 as follows: • Interim Levy Rate is £11.816/MWh • Total Reserve Amount is £213,397,705.39 Suppliers will receive formal notices…

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CMAG – Expert Subgroup to Review existing Independent Technical Expert (ITE) provisions

Posted on: 15/03/2024

Last month, the Capacity Market Advisory Group (CMAG) discussed reviewing the existing Independent Technical Expert (ITE) provisions within the Capacity Market Rules. An action from the meeting was that an...

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LCCC Confirms ILR and TRA for Q2 2024

Posted on: 15/02/2024

This news item was updated on 15 February 2024 following LCCC issuing 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…

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Adjustment to Interim Levy Rate and Total Reserve Amount from 1 April 2024

Posted on: 15/02/2024

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…

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Capacity Market Auction Parameters Published for T-1 2024/25 and T-4 2027/28

Posted on: 01/02/2024

On 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…

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In Period Adjustment to Interim Levy Rate from 25 February 2024

Posted on: 26/01/2024

On 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…

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ILR and TRA adjusted for Q1 2024

Posted on: 14/11/2023

On 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…

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Deadline for Conditionally Prequalified Applicants to lodge Credit Cover is 21 November 2023

Posted on: 31/10/2023

Conditionally 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…

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Authorisation Changes in My EMRS Successfully Implemented

Posted on: 10/10/2023

We 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...

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