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Jan 12, 2022

While Q3 2021 saw the first day and week of net negative generator payments, 2022 starts with another milestone for the CfD scheme: the first quarter the scheme will return money to electricity suppliers.

Dec 15, 2021

Low Carbon Contracts Company (LCCC) has determined the Interim Levy Rate (ILR) and Total Reserve Amount (TRA) for the Quarterly Obligation Period 1 April 2022 to 30 June 2022. The amounts are:

Dec 13, 2021

Commenting on the the UK government’s announcement of the opening of the fourth round of the Contracts for Difference (CfD) scheme, Neil McDermott, Low Carbon Contracts Company's Chief Executive, said:

Nov 05, 2021

The Department for Business, Energy and Industrial strategy (BEIS) is seeking views on the proposed 2022/23, 2023/24 and 2024/25 operational cost budgets and resulting levies for the Low Carbon Contracts Company (LCCC) and the Electricity…

Oct 12, 2021

The Baseload Market Reference Price (BMRP) for Winter 2021, which covers October 2021 to March 2022, is £102.45/MWh.

Sep 29, 2021

Low Carbon Contracts Company (LCCC) has determined the Interim Levy Rate (ILR) and Total Reserve Amount (TRA) for the Quarterly Obligation Period 1 January 2022 to 31 March 2022.

The amounts are:

Sep 29, 2021

Q3 2021 was a period of firsts: the first day of net negative generator payments on 6 September, as well as the first full week of net negative generator payments for the period between 8 and 14 September.

Sep 22, 2021

Low Carbon Contracts Company (LCCC) and Electricity Settlements Company (ESC) have today published their annual reports and accounts for 2020-21.

Sep 10, 2021

Low Carbon Contracts Company (LCCC) adjusted the Interim Levy Rate (ILR) for the period from 14 September 2021 to 30 September 2021. The ILR has been set to £0.000/MWh.