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.
LCCC and ESC are pleased to announce the publication of the Government’s response to its consultations on future improvements, emissions limits and coronavirus easements. It is important at this time that where possible flexibility can be provided to Capacity Providers in their duties under the Capacity Market (CM).
We support the Government decisions on future improvements to the CM scheme. In particular we