LCCC determines Interim Levy Rate and Total Reserve Amount for Q1 2021

LCCC has determined the Interim Levy Rate (ILR) and Total Reserve Amount (TRA) for the Quarterly Obligation Period 1 January 2021 to 31 March 2021.

The amounts are:
• ILR = £8.283/MWh
• TRA = £127,252,857.68

In making this determination, LCCC has assumed that the period 1 January to 31 March will not be subject to any prolonged period of national lockdown and that reductions in demand due to Covid-19 will be 3% compared with the demand we would otherwise have expected. Market prices this calculation were taken as closing mid-prices on 14 September 2020.

Further details are available in the Stakeholder Bulletin published today, available to download via the button on this webpage.