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Capacity Market Webinar
Agreement Management – April 2016
Welcome
Matthew MagillCapacity Market Manager
Mark DuffieldEMR Delivery Manager
Tushar SinghCustomer Account Manager
2
Webinar Etiquette
Calls on mute
Q&A’s when requested
Chat function in WebEx
Email us [email protected]
3
mailto:[email protected]
Purpose for today...
To take you through the upcoming AgreementManagement milestones and Statement of Works.
Milestones include:
Financial Commitment milestone
6 monthly reporting of construction progress
This webinar is primarily aimed at Capacity Agreement holders or thosewith an interest in understanding the milestones for
New Build, Refurbishing, or Existing Generators, and / or Interconnectors
4
Agenda
Item Presenter
Welcome
Capacity Market update on EMR Delivery Body Matthew Magill
Statement of Works Mark Duffield
Upcoming Agreement Management milestones Tushar Singh
Q&A
Key Messages, Next Steps and Quick Poll Matthew Magill
Close
5
What is the Delivery Body doing at the moment?
Expanding the size of the team for an additional auction is goingwell
Interviewing for the enduring team
Finalising the specifications for the System Operator Proceduresfor Stress Events
Liaising with Stakeholders & Customers
Developing and Testing Systems
Talking to DECC about the outcomes of the consultations
Preparing for Ofgem’s Rules consultation
Running the ongoing Agreement Management activities
6
Mark Duffield – EMR Delivery Manager
Statement of Works
Aims to manage the cumulative impact ofdistribution connected generators on the wholesystem, including the transmission system
Additional requirements / delays to connectionshave been triggered by recent volumes ofconnections in Wales and South of England
Significant numbers of Distribution connectedgenerators with a CM agreement for 2018 or2019
Action
Check with your DNO if impacted by Statement of Works, even if youalready have a connection agreement
Be aware if applying in this year’s auctions and planning on deferringprovision of a distribution connection agreement 8
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Agreement Management Milestones
Tushar Singh – CM Customer Account Manager
Financial Commitment Milestone
Financial Commitment Milestone – Rule 6.6
Au
cti
on
Ye
ar
CMU Type When(18 monthsafter theAuctionResults Day)
What you need to provide…
20
14
T-4 New Build &
Refurbishing02/07/2016
Assessment by Independent Technical Expert (ITE)as per the Required Technical Standard stating
10% Capital Expenditure of the Total Project Spendhas been met
OR Sufficient financial resources to meet Total Project
Spend Capacity Provider has entered into a major contract
ALONG WITH Directors’ resolution to complete project on or
before start of Delivery Year Directors’ Certificate confirming sufficient financial
resources and validity of the contract entered into
20
15
T-4 New Build &
Refurbishing22/06/2017
11
Financial Commitment Milestone – Rule 6.6
CMU demonstratesthat it..
Delivery Body Settlement Body Applicant
Has successfully
met FinancialCommitment
Milestone
InformsSettlement Bodyand Applicant thatCredit Covershould bereturned.
Updates CapacityMarket Register
Returns CreditCover to theApplicant
Gets CreditCover back
Has not met
FinancialCommitment
Milestone
TriggersTerminationNotice processinforming theApplicant,Secretary ofState, Ofgem andSettlement Body
Issues invoice tothe Applicant forthe TerminationFee amount
Pays Terminationfee of £5000/MW
12
6 Monthly Reports
6 Monthly Progress Update Reports – Rule 12.2
Au
cti
on
Ye
ar
CMU Type When(every 6 months fromAuction date tillSubstantial CompletionMilestone is achieved)
What you need to provide…
20
14
T-4
New Build &Refurbishing
3rd report
18/06/2016
20
15
T-4
New Build &Refurbishing
1st report
10/06/2016
20
15
TA
New Build
1st report
27/07/2016
Progress Report including: Schedule of Construction
Milestone dates and materialchanges
Material changes to worksdescribed in the ConstructionPlan
Assessment from ITE Directors’ Certificate
14
6 Monthly Progress Update Reports– Delivery Body Assessment
Assessment
■ EMR Delivery Body will ask for missing/unclear items or further clarifications
■ If expected date to achieve SCM is beyond the Delivery Year, a Remedial Plan willbe requested.
Remedial Plan – Rules 12.2.4 & 12.2.5
■ Should demonstrate the steps that can and will be taken to accelerate the buildprogram such that SCM is achieved by the start of the Delivery Year.
■ Must be accompanied by
■ A commentary from an Independent Technical Expert addressing whether theremedial plan is achievable; and
■ A certificate from 2 directors of the Capacity Provider stating that they believethe remedial plan is fair and achievable.
■ Must be provided as soon as reasonably practicable and within no more than 120days from the date of request.
■ Failure to provide a remedial plan will result in notification to the Secretary of Stateand Ofgem.
15
Substantial Completion Milestone – Rule 6.7.2
CMU Type SCM should beachieved by…
What you need to provide…
New Build
Long Stop Date– 1 year after
start of theDelivery Year
Demonstrate that the: CMU is operational Physical generating capacity multiplied by
de-rating factor ≥ 90% of Capacity Obligation
Metering Assessment
Line Diagrams
Refurbishing
Long Stop Date– date of thestart of the
Delivery Year
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Matthew Magill, Capacity Market Manager
Key Messages
There is a lot of work to do between now and Prequalification
Statement of Works
Check with your DNO (if impacted by Statement of Works) even if youalready have a connection agreement
Be aware, if applying in this year’s auctions and planning on deferringprovision of a distribution connection agreement
Agreement Management milestones
Ensure you understand what is needed to achieve the FinancialCommitment, 6 Monthly Reporting and Substantial Completion Milestones
We are here to support you and understand there is a lot of uncertaintyhowever we can build on all of our lessons learnt
18
Guidance Documents
https://www.emrdeliverybody.com/cm/home.aspx
Achieving the Financial Commitment Milestone
6 monthly progress reports
Substantial Completion Milestone
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https://www.emrdeliverybody.com/cm/home.aspxhttps://www.emrdeliverybody.com/Capacity Markets Document Library/Achieving the Financial Commitment Milestone.pdfhttps://www.emrdeliverybody.com/Capacity Markets Document Library/Achieving the Financial Commitment Milestone.pdfhttps://www.emrdeliverybody.com/Capacity Markets Document Library/Guidance on 6 Monthly Progress Reports Updated December 2015.pdfhttps://www.emrdeliverybody.com/Capacity Markets Document Library/Capacity Market - Meeting the Substantial Completion Milestone.pdf
Next Steps
If you have an Agreement and are not sure of the next steps,please let us know & a member of the Capacity Market team willcontact you to discuss your specific requirements
Slides will be made available
Hold the Dates
18 May – Amba Hotel, Charing Cross, London
28 or 30 June - Venue TBC, London
13 July - Amba Hotel, Charing Cross, London
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Contact us
https://www.emrdeliverybody.com/cm/home.aspx
https://twitter.com/EMRDeliveryBody
01926 655300
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Tell us what you think ….
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Slide Number 1�WelcomeWebinar EtiquettePurpose for today...AgendaWhat is the Delivery Body doing at the moment?Slide Number 7Statement of WorksSlide Number 9Financial Commitment MilestoneSlide Number 11Slide Number 126 Monthly ReportsSlide Number 146 Monthly Progress Update Reports �– Delivery Body AssessmentSlide Number 16Slide Number 17Key MessagesGuidance DocumentsNext StepsContact usTell us what you think ….