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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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The Baseload Market Reference Price (BMRP) for the calculation season Summer 2024, which covers 1 April 2024 to 30 September 2024, is as follows: Season: Summer 2024 BMRP: £80.52/MWh This is now available on the Settlement…
Read MoreEMRS has now published the EMRS Settlement Calendar covering settlement days from 1 April 2023 to 31 March 2024. This provides Capacity Providers, CfD Generators and Suppliers details of when invoices will be issued, when payments are due, and if applicable, the Settlement Date and the…
Read MoreOn the 20 March 2024, the changes to the Energy Intensive Industries exemptions were successfully approved by parliament and the regulations are effective from the 1 April 2024. You can view the Electricity Supplier Obligations (Excluded Electricity) (Amendment) Regulations…
Read MoreSuppliers 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...
Read MoreOn 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…
Read MoreLast 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...
Read MoreThis 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…
Read MoreOn 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…
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