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
Low Carbon Contracts Company (LCCC) is delighted to announce that Wheelabrator Kemsley has started to receive payments under the project’s Contract for Difference (CfD). The combined heat and power facility (CHP) is the first energy-from-waste plant within the CfD portfolio to achieve its Operational Conditions Precedent (OCP), meaning the project has satisfied the eligibility criteria required to start generating electricity and receiving support under the CfD. For full details, refer to our press release.