As we anticipate the operational launch of the Nuclear RAB scheme, we want to ensure you have all the necessary resources and support to prepare. This news item outlines key readiness activities, available resources, and important information to be aware of.
Readiness Survey
Ahead of the Nuclear RAB scheme becoming operational, on behalf of LCCC, we are seeking feedback from Suppliers to assess your readiness and identify areas where additional support or information may be required. We are particularly interested in feedback pertaining to the settlement activities you will be interacting with when the scheme becomes operational.
This short, five-question survey takes no more than five minutes to complete. We’d really appreciate it if you could take a few minutes to fill out the survey as your feedback will help us make sure you have the right support for a smooth transition to the Nuclear RAB scheme.
Deadline: 28 March 2025, 5:00 PM
Complete the survey here
Resources to support your preparation
We wanted to flag that we already have a wealth of resources available to support your understanding and preparation for the Nuclear RAB scheme.
Webinar Resources (hosted by LCCC and DESNZ)
Resources available on our website to assist with key operational activities:
- Nuclear RAB Latest Changes – Key updates and preparatory information.
- Stakeholder Support for Suppliers – Nuclear RAB – Steps for lodging credit cover and operational guidance.
- Updated Guidance and Working Practice documents.
Backing Data Information
For Nuclear RAB, you will receive backing data via T-files in CSV format and this will be emailed and available via My EMRS to download.
The new T-files are:
• T201 – Daily Supplier RAB
• T202 – RAB Supplier Reserve Amount
• T204 – RAB Quarterly Reconciliation
• T205 – RAB Mutualisation
• T206 – RAB Operational Cost Refund
• T218 – RAB Supplier Daily Minimum Credit Cover Report
• T300 – RAB Supplier Late Payment Interest
• T302 – RAB Supplier Mutualisation Repayment
To view the CSV format and data items, please refer to our Interface Definitions Documents webpage.
Direct Debit Information
Please be aware your existing LCCC Direct Debit mandate will also be used for Nuclear RAB payments — no further action is required. If you currently pay manually and wish to set up a Direct Debit, please contact our Service Desk. We have previously communicated on this and you can click here to read the full news item.
Latest Position on Nuclear RAB
The Chancellor reaffirmed commitments from the Autumn Budget 2024 in a 12 December 2024 press release, confirming that the equity and debt raise process for Sizewell C has been extended from spring 2025 to late spring 2025. The Autumn Budget 2024 details the final investment decision will be made at Phase 2 of the Spending Review after the equity and debt raise concludes.
How to Prepare for the Scheme
To ensure you are fully prepared for the scheme’s launch, we recommend completing the following steps:
• Complete the readiness survey.
• Review and make any necessary updates to your Authorised Contact details in My EMRS.
• Familiarise yourself with the available resources on our website that we’ve highlighted above.
• Sign up for our newsletter (via the ‘Subscribe Now’ function in our website footer).
We’re determined to support you as much as possible ahead of the scheme going live. If you have any questions, please call 020 7380 4333 or email our Service Desk via [email protected].