We have determined the Interim Levy Rate (ILR) and the Total Reserve Amount (TRA) for the Quarterly Obligation Period from 1 July 2026 to 30 September 2026.
The amounts for Q3 2026 are:
ILR = £ 10.559/MWh
TRA = £ 178,346,116.46
Market prices for this calculation were taken as closing mid-prices on 26 February 2026.
LCCC continue to monitor market prices closely and will adjust the ILR and/or TRA if the prices move in such a way as to lead LCCC to expect over-collection or that the TRA and ILR may be insufficient to cover CfD costs. Note that once the quarter has started, the TRA can only be increased, while the ILR can be increased or decreased.
Given current market conditions and higher price levels, we will continue to monitor developments closely and assess the potential need for a Before Period Adjustment (BPA).
For further detail on LCCC’s calculations, please refer to our online CfD dashboards where you will also find a calendar of future key levy dates.
Webinar
Our quarterly webinar is an opportunity for you to ask us questions about our forecasts. The next will be held on 21st April 2026 at 10am where we will also compare the outturn in Q1 2026 with our forecasts and discuss the ILR and TRA for Q3 2026.
Register on Eventbrite to secure your spot.
We welcome any suggestions or feedback on what else it would be useful for us to discuss during the webinar – please send them our way via info@lowcarboncontracts.uk.
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