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With the first Capacity Market Delivery Year starting in October 2016, Suppliers will have to be prepared to meet new requirements such as having to lodge Credit Cover and make new payments e.g. monthly Supplier Charge and reconciliation payments. To…
Read MoreOn Friday 23 September 2016, Applicants will receive a notice from EMR Delivery Body that will confirm if their Capacity Market Unit(s) (CMU) are conditionally prequalified and if Credit Cover is required to be lodged. This circular highlights…
Read MoreEMRS calculates a Baseload Market Reference Price (BMRP) and an Intermittent Market Reference Price (IMRP) on behalf of the Low Carbon Contracts Company. We have published the BMRP for summer 2016 which covers April 2016 to September 2016 on…
Read MoreFollowing a competitive procurement process, Low Carbon Contracts Company (LCCC) and Electricity Settlements Company (ESC) have awarded EMRS, the wholly owned subsidiary of ELEXON Ltd, a contract for three years to provide metering assurance services for the Contracts for Difference (CFD)…
Read MoreSuppliers need to lodge Credit Cover for each month of the Delivery Year. For October, the first month of the 2016/17 Delivery Year, Credit Cover is required to be lodged by 5pm on 15 September 2016. We sent you a…
Read MoreOn 16 August 2016 ELEXON, and its subsidiary EMRS on behalf of Low Carbon Contracts Company Ltd (LCCC), made the first payment to a CFD generator under the Electricity Market Reform (EMR). This marks a major milestone for the creation of…
Read MoreOn 7 September 2016 at 12:00 EMRS is hosting an hour-long webinar to help Suppliers in their preparation for the start of the first Capacity Market Delivery Year in October 2016. With the start of the Capacity Market Delivery Year,…
Read MoreOn 29 July 2016, Suppliers received a schedule of their monthly Capacity Market Credit Cover requirements and Supplier Charges for the upcoming Delivery Year. The schedule provides information on the Supplier’s monthly charges and minimum monthly requirements for Credit Cover for…
Read MoreOn 20 July 2016 Suppliers received a Credit Note for Operational Costs Refund and similarly, on 22 July 2016 for Settlement Cost Levy Refund. The payment date for both is 27 July 2016. For more information about the total amount refunded…
Read MoreEMRS calculates both an Intermittent Market Reference Price (IMRP) and a Baseload Market Reference Price (BMRP) on behalf of the Low Carbon Contracts Company, in its capacity as the Settlement Agent. The IMRP is now available on the …
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