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10 October 2014

In order to enter the Capacity Market Auction, some applicants will need to lodge Credit Cover with the Settlement Body as part of Pre-qualification.

Once the notice of conditional Pre-qualification has been received the applicant must complete the following:

  • Lodge Credit Cover in the form of cash or Letter of Credit for each applicable CMU
  • Establish Nominated Contact
  • Submit an Applicant Information Form

This is the last day for applicants to complete these processes.

Within 15 working days of lodging Credit Cover, the applicant will receive per CMU a ‘Notice of Approved Credit Cover’ or a ‘Notice of Unapproved Credit Cover’ from the Settlement Body. The applicant must provide this notice to the Delivery Body.

For more information on this process please read the Working Practice – Applicant Credit Cover Process. If you have any queries on this process please email [email protected].



10 October 2014
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