EMRS has issued the revised monthly Capacity Market Credit Cover and Supplier Charge schedules for 2024/25 Delivery Year. The revised schedule is based on the actual data for the Period of High Demand.
The schedule contains the following:
- A Supplier’s Credit Cover requirements for May 2025 to September 2025
- Monthly Deadlines for provision of Credit Cover
- A Supplier’s monthly Supplier Charges for May 2025 to September 2025
This impacts Suppliers who submitted a non-zero Demand Forecast to EMRS for the start of June 2024.
When do you need to have Credit Cover in place?
Suppliers are required to lodge Credit Cover by no later than 12 Working Days before the start of each month within a Delivery Year. The Delivery Year runs from October 2024 to September 2025.
What are the key dates you need to know?
| Date | Activity |
| 31 March 2025 | EMRS issues revised Schedule of Supplier’s Monthly Supplier Charges and Credit Cover requirements |
| 5:00pm on 15 April 2025 | Suppliers’ first deadline to lodge Credit Cover based on revised requirements for May 2025 |
| 1 May 2025 | Suppliers to be invoiced for May’s Supplier Charge based on the revised schedule |
The Total Capacity Provider Payments for 2024/25 Delivery Year are published on our Settlement Data webpage within the 2024/25 Key Payment Figures and will be updated over the coming week now the revised schedules have been produced.
Also, Suppliers can monitor the Capacity Market Registers to see any changes that might impact the Total Capacity Provider Payments.
How are your Supplier Charges calculated?
G15 – CM Supplier Payments provides information on how Supplier Charges are calculated. Unlike the Settlements Costs Levy, the Supplier Charge and Credit Cover requirements will vary from month to month as a monthly weighting factor is applied. As a result, Supplier Charges and Credit Cover requirements will be higher over winter months compared to the summer months.
To view the weighting factors applicable to the 2024/25 Delivery Year, please view our Settlement Data webpage and select the monthly weighting factors drop down. Also, the Stakeholder Support for Supplier CM provides supporting information.
If you have any further queries please do call 020 7380 4333 or email [email protected].