Verify the existing license status
Open Operations Manager Shell
Get-SCOMManagementGroup | fl *lic*
Apply License Key –
Set-SCOMLicense -ProductId B0009-000YX-QQD6R-0000X-800FY
Restart System Center Data Access Service to take effect
Get-SCOMManagementGroup | fl *lic*
Known Error while applying license on SCOM 2012 R2 – Requested registry access is not allowed,UnauthorizedAccessException
Open PowerShell, Run as Administrator
Import-Module OperationsManager
Set-SCOMLicense -ProductId B0009-000YX-QQD6R-0000X-800FY