Credit cover...if your Prequalification Application has a status of Conditionally Prequalified following tier 1 disputes and you are required to lodge credit cover you will need to do this with EMRS by Friday 13 December 2019. If you have previously withdrawn credit cover for T4 2016 and T4 2017 Auctions you may then have a further requirement to lodge credit cover for these Agreements. You will have until Friday 20 December 2019 to lodge any incremental credit cover with EMRS.
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EMR Delivery Body Role Newcastle Landscape - Getty Images - 200341433-001_medium.jpg
In our role as EMR Delivery Body, National Grid ESO is responsible for:
  • Producing annual Electricity Capacity Reports for Government to advise on capacity requirements in order to meet the published reliability standard.
  • Administering key elements of the Capacity Market including;
    • Registration
    • Prequalification
    • Auction 
    • Capacity Market Register
    • Agreement Management 

  • Administering key elements of the CfD regime including;
    • Registration
    • Application and Qualification
    • Valuation ​​
    • Allocation​
EMR Delivery Partners 
  • CM Delivery Partners:
    • Department for Business, Energy and Industrial Strategy (BEIS) set the CM policy and oversee the changes to it. The role also includes reviewing the CM legislation. 
    • Ofgem works to ensure that market arrangements are fit for purpose. It monitors the CM, manages the changes to the Rules and is responsible for handling Tier 2 application appeals.
    • EMR Settlement Limited deliver settlement for CM, manage and collect metering data for key processes in addition to calculating, managing and collecting the settlement of payments by Capacity Providers.
    • The Electricity Settlements Company (ESC)​ provides control of the monies collected and disbursed under the CM (Payment) Regulations. 
  • CfD Delivery Partners:
    • BEIS sets the policy and goverance arrangements for the scheme, inlcuding the Allocation Rules, timing and budgets of Allocation Rounds and Administrative Strike Prices. 
    • Ofgem is responsible for handling Tier 2 application appeals.
    • The Low Carbon Contracts Company (LCCC) is the CfD counterparty under the Regulations, responsible for processing requests for minor and necessary modifications at the outset of an Allocation Round, issuing CfDs in accordance with the CfD Allocation, managing them through various milestones during the project delivery phase and making CfD payments during the operation phase. ​
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