EMR Settlement Portal launching soon

Posted on: 06/12/2016

In response to the feedback received from our stakeholders, EMRS, along with Low Carbon Contracts Company, will be launching the EMR Settlement Portal. We will be doing a phased rollout to EMR Parties over the next month, with…

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Materials from the Introduction to EMR workshop are now available

Posted on: 23/11/2016

The Low Carbon Contracts Company (LCCC) and EMRS held an event for Suppliers on 9 November 2016 which provided an overview of the Electricity Market Reform, the different roles and responsibilities of the EMR Delivery Partners and Supplier Payments. You…

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New Guidance document published and updates to existing Working Practices

Posted on: 16/11/2016

We have published a new Guidance document and made updates to a number of Working Practices. Who does this impact and what are the changes? Document Who this impacts? Changes G16 – Supplier Contracts for Difference Payments Suppliers NEW…

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Interim Levy Rate adjusted to zero from 14 November 2016

Posted on: 11/11/2016

Low Carbon Contracts Company (LCCC) has adjusted the Interim Levy Rate to zero from £0.594 per MWh. This is effective from 14 November 2016 until 31 December 2016 (being the end of the current quarterly obligation period)…

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Winter 2016 Baseload Market Reference Price published

Posted on: 27/10/2016

The Baseload Market Reference Price (BMRP) for winter 2016, which covers October 2016 to March 2017, is 43.67 £/MWh. BMRP is used to calculate CFD payments for baseload Generators. When the BMRP is below a pre-agreed £/MWh value (Strike Price), as…

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Adjusted Interim Levy Rate Notice issued to Suppliers

Posted on: 10/10/2016

Low Carbon Contracts Company (LCCC) has adjusted the Interim Levy Rate from £1.016 to £0.594 per MWh, effective from 10 October 2016, for the remainder of the quarterly obligation period 1 October 2016 to 31 December 2016. Suppliers have been issued an…

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Register now! Introduction to EMR arrangements seminar

Posted on: 29/09/2016

On 9 November 2016 EMRS and LCCC are hosting an seminar to introduce Suppliers to the Contracts for Difference (CFD) and the Capacity Market (CM) schemes…

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Interim Levy Rate and Total Reserve Amount for 1 January 2017 to 31 March 2017 Announced

Posted on: 23/09/2016

EMRS has issued a notice to Suppliers, on behalf of Low Carbon Contracts Company (LCCC), to inform them that the Total Reserve Amount and the Interim Levy Rate for 1 January 2017 to 31 March 2017 is as follows: Total Reserve Amount –…

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Capacity Provider example files to support preparation activities for the upcoming Delivery Year now available

Posted on: 21/09/2016

We have published example files of the Penalty Charge Invoice and Over-Delivery Credit Note. Capacity Providers may receive these after a Stress Event has been called depending on whether they exceed or under deliver on their Capacity Obligation. These example…

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Reminder: Suppliers need to ensure their lodged CFD Credit Cover is sufficient for the new Interim Levy Rate

Posted on: 09/09/2016

The Interim Levy Rate increases to £1.016 per MWh on the 1 October 2016. As Suppliers’ CFD Credit Cover requirements are linked to the Interim Levy Rate, Suppliers need to ensure they have sufficient Credit Cover lodged by 5pm on…

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