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.
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.
LCCC’s Forecasting team held today a teleconference on the Interim Levy Rate (ILR) and Total Reserve Amount (TRA) for Q3 2019 (01 July 2019 to 30 Sept 2019). A recording of the session is available to watch here.