The Low Carbon Contracts Company and the Electricity Settlements Company are both private limited companies owned by the Secretary of State for Business, Energy and Industrial Strategy (BEIS) and established to play key roles in the delivery of Electricity Market Reform (EMR), the biggest change to the electricity market since privatisation.
ESC has published today the Capacity Market Stress Event Guide, which incorporates feedback from suppliers following the consultation in March 2019.
Low Carbon Contracts Company (LCCC) is delighted to announce that four onshore wind farms, Achlachan, Bad a Cheo, Kype Muir and Mynydd Y Gwair have recently passed all the Contracts for Difference (CfD) Operational Conditions Precedent (OCPs). An offshore wind farm, Beatrice, has also completed the OCP requirements for its second phase. Read the full announcement here.