LCCC has ascertained that a November 2022 deployment date for the changes set out in R0011 would carry significantly high risk. There can be no guarantee for this delivery date due to a potential New Settlement Scheme – which would necessarily be prioritised over backing data updates at the behest of BEIS and Ofgem. What is the risk? – If LCCC were to proceed with the November 2022 release date then there is a high risk to the following: • Delivery of R0011 • Delivery of Changes required for CfD AR4 contracts, to be deployed no later than February 2023 • Delivery of a potential new scheme no later than April 2023 Each of these changes require a substantial amount of effort for LCCC and importantly the wider industry. LCCC assessment has shown that to deliver these three changes in the current schedule, would pose significant risk to EMRS and LCCC ability to deploy within legislative timelines. What are we doing to mitigate? – LCCC is aiming to mitigate any qualitative and functional delays to current committed regulatory changes such as the CfD AR4 new contracts, as well as protect it and industry’s ability to assess and develop requirements for deployment of a (potential) new Settlement Scheme. LCCC has reviewed its delivery pipeline for the next two years and has decided the best course of action due to the unprecedented potential BEIS large regulatory release is delay the implementation date for R0011 from November 2022 to June 2023. LCCC and EMRS assessed a delay to February 2023 release but unfortunately this is untenable due to the predefined deployment date for AR-4 contracts for CfD which EMRS as the settlement provider for LCCC must deliver.