A new Electricity Supplier Bulletin has been published today, 30 March 2020. Main updates in this issues will include the Interim Levy Rate (ILR) and Total Reserve Amount (TRA) set for the third quarter of 2020. This issue will also include how LCCC will manage the CfD obligations and the implications for Quarter 2 and beyond during Covid-19.
LCCC and ESC have published today, 18 March 2020, a new Contracts for Difference (CfD) and Electricity Supplier Bulletin for their subscribers. Main updates in this issue include LCCC and ESC's business continuity arrangements during Covid-19, implications for managing the CfD Supplier Obligation for the current quarter and beyond and managing possible impacts on CfD generators during this period
The Electricity Settlements Company (ESC) has announced that capacity providers have today been paid over £1bn, in full settlement of their deferred capacity payments for the standstill period. The payment is a major milestone in the restart of the capacity market scheme, following suspension of payments to generators and collections from suppliers as a result of the November 2018 ruling by the European Union General Court of Justice, and the consequent introduction of a standstill period for the scheme.
LCCC and ESC have also published today new capacity market dashboards with data and metrics relating to the scheme, accessible through the Schemes dashboards.
Electricity Settlements Company (ESC) has published today, 8 January 2020, its Annual Performance Report 2019. A highlight of this year’s Annual Performance Report is the preparatory work undertaken by ESC to ensure the smooth restart of the capacity market.