Low Carbon Contracts Company (LCCC) has determined the Interim Levy Rate (ILR) and Total Reserve Amount (TRA) for the Quarterly Obligation Period 1 October 2021 to 31 December 2021.

The amounts are:

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

The Baseload Market Reference Price (BMRP) for Summer 2021, which covers April 2021 to September 2021, is £48.47/MWh.

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’: