Announcements: Press releases, News and Bulletins
Catch up on the latest updates from the Low Carbon Contracts Company and Electricity Settlements Company and explore our online library of press releases, news and bulletins.
Jul 22, 2021
The bulletin issued on 28 June 2021 outlined adjustments to the…
Jun 28, 2021
LCCC determines Interim Levy Rate and Total Reserve Amount for Q4 2021 and adjusts rates for Q3 2021
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:
May 17, 2021
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.
Mar 29, 2021
LCCC determines Interim Levy Rate and Total Reserve Amount for Q3 2021 and adjusts rates for Q2 2021
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:
Feb 17, 2021
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.
Dec 17, 2020
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:
Nov 06, 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
Sep 25, 2020
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
Jul 14, 2020
LCCC can now confirm that the BEIS loan utilisation of £75,110,169, which is treated as a negative quarterly charge to suppliers, has resulted in an effective reduction in charge in Q2 2020 of £1.307/MWh.