Press Releases / Announcements

Jul 22, 2016Archived

The Intermittent Market Reference Price is calculated by EMRS, on behalf of the Low Carbon Contracts Company, in its capacity as the Settlement Agent. The latest IMRP can be found here.

Jul 15, 2016Archived

The Intermittent Market Reference Price is calculated by EMRS, on behalf of the Low Carbon Contracts Company, in its capacity as the Settlement Agent. The latest IMRP can be found here.

Jul 08, 2016Archived

The Intermittent Market Reference Price is calculated by EMRS, on behalf of the Low Carbon Contracts Company, in its capacity as the Settlement Agent. The latest IMRP can be found here.

Mar 22, 2016Archived

We can now confirm the Interim Levy Rate for the Quarterly Obligation Period, to run from 1 July 2017 to 30 September 2017. This will be set at £1.552/MWh and the Total Reserve Amount at £34,316,588.50

In arriving at its decision on the Interim Levy Rate and Total Reserve Amount, LCCC has considered the potential amount of CFD payments likely to be required to be made to CFD Generators under the existing CFDs and Investment Contracts.

 

1 July 2017 to 30 September 2017

Total Reserve Amount

£34,316,588.50

Interim Levy Rate

£1.553/MWh

 

Mar 11, 2016Archived

Low Carbon Contracts Company are delighted to announce that a number of the Contracts for Difference have passed their Milestone Requirement, ahead of their Milestone Delivery Date.  This announcement follows on from the previous notice that four of the CFD projects had already fulfilled their Milestone Requirement. The full press release can be found here.

 

Feb 17, 2016Archived

Low Carbon Contracts Company is delighted to announce that a number of the Contracts for Difference have passed their Milestone Requirement ahead of their required dates. This includes Achlachan Wind Farm, Enviroparks Hirwaun Generation Site, Common Barn Wind Farm and Moor House Wind Farm. For the full release, please see here

Feb 09, 2016Archived

Lynemouth Power Station has now been added to the CFD register. For more information on this project or any of the projects we manage, please see the CFD register.

Jan 26, 2016Archived

The Transitional Arrangements (TA) auction has opened today to secure electricity capacity for winter 2016-2017. The TA auction supports the Capacity Market auction and is run by National Grid. It is one of the many tools which National Grid can utilise to manage the system. It offers targeted support to Demand Side Response to encourage enterprise and increase levels of participation before full Capacity Market delivery in 2018/19. National Grid will be posting updates on their website.

Jan 25, 2016Archived

DECC have published the Government's response to the consultation on the proposed 2016/17 operational costs and resulting levies for LCCC & ESC.

This document sets out that response. The operational costs of the companies are recovered through levies on electricity suppliers and revised levies for 2016/17 are included in regulations that have been laid in Parliament today. These are the same regulations referred to above regarding amendments to the CFD supplier obligation.

Jan 18, 2016Archived

This consultation enables stakeholders to offer their views on current regulatory activities led by DECC and the OGA and how they interact with energy sector innovation. For more information, please see here.