The Baseload Market Reference Price (BMRP) for the calculation season Winter 2022, which covers 1 October 2022 to 31 March 2023 is 405.26 £/MWh. This is now available on the Settlement Data for CfD Generators on the EMRS website.
How will the BMRP be used?
BMRP is used to calculate CfD payments to Baseload Generators for Baseload Difference Amounts. When the BMRP is below a pre-agreed £/MWh value (Strike Price), as set out in a CfD Generator’s contract, top-up payments are made by LCCC to the CfD Generator to make up the difference between the BMRP and the Strike Price. When the BMRP is above the Strike Price, the CfD Generator pays LCCC the difference