Low Carbon Contracts Company & Electricity Settlements Company

    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.

    Upcoming Events
    Please check back soon for details of planned events, including generator engagement sessions and CfD masterclasses.
    26th June, 2019
    LCCC has determined the Interim Levy Rate (ILR) and the Total Reserve Amount (TRA) for the period from 01 October 2019 to 31 December 2019. Full details here
    20th June, 2019
    The first phase of Orsted’s Hornsea One, a Contract for Difference (CfD) project, has passed the tests required for its Operational Conditions Precedent (OCP). This phase of the project achieved a confirmed start date of 2 May and is now receiving CfD payments. Read the full announcement