EMR Delivery Body Overview
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4
About the Allocation Process
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Minor and
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13
Following the CfD Auction the DB issues notification to
Applicants: Notification information include:
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Web Based System
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process
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opening of Application
window, date TBC
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First
come first served! Register your interest with anyone from National
Grid
Thank You & Questions
Providing an in-depth look into the EMR Delivery Body's role in the Contract for Difference December 2016, covering topics such as allocation processes, strike price analysis, system development, market analysis, and stakeholder engagement. Meet the dedicated team behind managing EMR systems and learn about the allocation process overview, from pre-application to contract management.
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Presentation Transcript
Place your chosen image here. The four corners must just cover the arrow tips. For covers, the three pictures should be the same size and in a straight line. Contract for Difference December 2016 EMR Delivery Body
Agenda Overview of the EMR Delivery Body (DB) Our Role Who we are About the Allocation Process Process Overview Pre-Application & Registration Application Qualification Assessment Reviews & Appeals Valuation Auction and CFD Notification Update on the CfD Systems 2
The DB Role (CfD) Strike Price Analysis and Recommendation Develop enduring EMR systems Annual systems changes to reflect policy changes (CM) Capacity to Procure Systems Development Market Analysis Customer & Stakeholder Engagement Administer CM &CFD Run Registration, Qualification & Auctions Administer Agreements (CM only) Support DECC Policy Development Support Applicants Round readiness EMR is ring-fenced within the System Operator function in National Grid
The team CfD Manager Yasharn Smith EMR Delivery Manager Paul Mullen EMR Delivery Manager Ben Smith EMR Analyst Anna Holleron EMR Analyst Charlotte Watts Senior EMR Analyst Nisar Ahmed EMR Analyst Arjun Mukkara Senior EMR Analyst Mark Baker 4
Place your chosen image here. The four corners must just cover the arrow tips. For covers, the three pictures should be the same size and in a straight line. About the Allocation Process
Allocation Process Overview Registration & Pre-Application Application & Qualification Allocation & Notification 1 1 1 Request Review Request Appeal Submit Sealed Bids Sign Contract Applicants Register Apply Round Variation / Budget Revision Notices Supply Chain approval Qualified Applicants Run Auction & Allocate Assess Eligibility Register Applicants Review Appeal RO Check Minor & Necessary Agreement Contract Management
Pre-application Supply Chain Plan (if >= 300MW) System Registration Minor and Necessary 7
Application Submission April 2017 Application Window 3, April 2017 Application Window opens Applicants can create, save, submit, withdraw and re-submit applications 21, April 2017 Application Window closes Date to be confirmed by Allocation Round Notice Only submitted applications will be taken forward to qualification assessment 8
Key Qualification Criteria Connection Agreement/Countersigned Offer/Signed Offer Acceptance Planning Decision Notice Declarations that not in receipt of other subsidies Supply Chain Approval Certificate if >=300MW Evidence of Incorporation Target Commissioning Date within Target Commissioning Window Crown Estate Agreement to Lease/Lease if Offshore Offshore capacity requirements Application Form to include technology, contact details, location, capacity and target dates
Valuation Formula http://siliconangle.com/files/2011/08/family-budget-meeting-300x199.jpg Strike Price minus Reference Price X e.g. Transmission losses, hours to years Will be set out in Allocation Framework X e.g. Load factors Will be set out in Allocation Framework X Provided by Applicant
Valuation The DB must determine the Applications Valuations in respect of each of the delivery years (DY) specified in the Budget Notice, this is done using the valuation formula. BudgetImpact Budget line 300m Application 4 240m The DB determines if the valuation of qualified applications exceed the Budget and if yes an Auction is triggered Application 3 180m 120m Application 2 60m Application 1 Delivery Year - 1 2021/2022 Delivery Year - 2 2022/23 11
CfD Auction Overview Check if Auction is required. If yes, applicants notified to submit Sealed bids Step 1 Run Allocation/ Auction Step 2 Independent Audit of DB Calculations Step 3 SoS reviews; Proceed, Re-run or Cancel Allocation Process. Step 4 DB CfD Notifications : (LCCC & Applicants) Step 5 12
CFD Notifications Following the CfD Auction the DB issues notification to Applicants: Notification information include: Auction Outcome Whether or not the applicant was successful in securing a CfD If successful, notifications will include: CfD Strike Price awarded Successful Allocation Capacity Target Commissioning Date The information of successful applications will also be shared with the LCCC 13
Place your chosen image here. The four corners must just cover the arrow tips. For covers, the three pictures should be the same size and in a straight line. CfD Systems
Systems Update Validation to support Applicants Web Based System Registration opens prior to opening of Application window, date TBC 2 Factor Authentication process 1-2-1 System training will be provided to applicants User guides will be provided 15
Register for DB 1-2-1 Who: CfD Applicants (April 2017) When: Throughout February & March 2017 Why : Support Applicants to submit applications Right first Time Where: DB Offices (Midlands, London) or Applicants Offices Deep dive on qualification rules, & using the CfD system Free! & Confidential First come first served! Register your interest with anyone from National Grid 16
Place your chosen image here. The four corners must just cover the arrow tips. For covers, the three pictures should be the same size and in a straight line. Thank You & Questions
