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

Low Carbon Contracts Company (LCCC) has determined the Interim Levy Rate (ILR) and Total Reserve Amount (TRA) for the Quarterly Obligation Period 1 April 2021 to 30 June 2021.

The amounts are:

Low Carbon Contracts Company (LCCC) has today launched a new Data Portal, which will increase the range and accessibility of data available through the Contracts for Difference (CfD) and Capacity Market (CM) schemes.

BEIS has launched a consultation on the proposed 2021/22 operational cost budgets and levies for the Low Carbon Contracts Company (LCCC) and the Electricity Settlements Company (ESC). The consultation will close at 11:45pm on 14 December 2020.…

Following the UK Government’s decision to introduce a nationwide lockdown between 5 November and 2 December 2020, Low Carbon Contracts Company (LCCC) has today published guidance to indicate how LCCC will monitor and factor in any impact on demand