Announcements: Press releases, News and Bulletins
Catch up on the latest updates from the Low Carbon Contracts Company and Electricity Settlements Company and explore our online library of press releases, news and bulletins.
Low Carbon Contracts Company (LCCC) has adjusted the Interim Levy Rate (ILR) for the period from 20 May 2021 to 30 June 2021. The ILR has been adjusted to £5.755/MWh from £9.954/MWh.
Low Carbon Contracts Company (LCCC) is delighted to announce that six projects representing 5.5GW of offshore wind capacity have now passed their Milestone Requirement (MR). The MR is the first significant milestone in a CfD project’s journey to b
Low Carbon Contracts Company (LCCC) has determined the Interim Levy Rate (ILR) and Total Reserve Amount (TRA) for the Quarterly Obligation Period 1 July 2021 to 30 September 2021.
The amounts are:
Since the start of Q1 2021, Low Carbon Contracts Company (LCCC) has been building a surplus of income over payments, caused by a combination of lower generator payments and slightly higher demand.
The Department for Business, Energy and Industrial Strategy (BEIS) has published its response to the consultation on Low Carbon Contracts Company (LCCC)’s and Electricity Settlements Company (ESC)’s proposed 2021/22 operational cost budgets and le
Statement from Low Carbon Contracts Company’s Chief Executive, Neil McDermott, in response to the government’s publication of the document ‘Carbon capture, usage and storage: an update on business models’:
Low Carbon Contracts Company (LCCC) is delighted to announce that two onshore wind farms, Tralorg and Solwaybank, are the latest projects in the Contracts for Difference (CfD) portfolio to come online.
In July 2020 the EU Commission stated that, as of 1 January 2021, electricity trading arrangements for Gr