Low Carbon Contracts Company (LCCC) and Electricity Settlements Company (ESC) have today published their annual reports and accounts for 2021-2022.

Allocation Round 4 results announced

Today, 7 July, the Department for Business, Energy & Industry Strategy (BEIS) has announced the results of Contracts for Difference (CfD) Allocation Round 4.  

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

The amounts are:

Low Carbon Contracts Company (LCCC) has completed the Contracts for Difference (CfD) Interim Levy Rate (ILR) and Total Reserve Amount (TRA) forecasts for Q4 2022.

LCCC will raise an additional Total Reserve Amount (TRA) for Q2 2022.  No adjustment has been made to the Interim Levy Rate (ILR).

LCCC has decided to increase the TRA for the period from 14 June 2022 to 30 June 2022.

The Baseload Market Reference Price (BMRP) for Summer 2022, which covers April 2022 to September 2022, is £168.25/MWh.

The Electricity Settlements Company (ESC) is pleased to announce the development of an automated report that will reduce the administrative burden on Capacity Providers and Delivery Partners in the Capacity Market (CM) scheme.

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

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 operational cost budgets and levies…