Message

Affected Period

Status
Closed

Category
Credit Risk Management

Run type

Created
12/08/2020 17:10

Last Updated
12/08/2020 17:10

Dear Market Participant,

As you are aware Legacy SEM ceased in June 2020. As a result of this, an exercise was carried out to review the Fixed Credit Cover requirements in Enduring SEMO.

This is to ensure that the Participants meet their Credit obligations under the TSC Part B and to facilitate the efficient, economic and coordinated operation, administration and development of the Single Electricity Market in a financially secure manner.

The results of which have now been uploaded into the Credit system and are available to view on your Collateral report via the MPI.

If you have any queries, please do not hesitate to contact SEMO @ info@sem-o.com.

Kind regards,

SEMO Settlements