We have completed the Contracts for Difference (CfD) Interim Levy Rate (ILR) and Total Reserve Amount (TRA) forecasts for Q3 2025. These values will be communicated
to suppliers in the regular way on 18 March 2025.
The ILR/TRA determination used market information data up to and including 27 February 2024.
For further detail on the timings involved in calculating the ILR and TRA forecasts and how these fit into the quarterly reconciliation process, please refer to this presentation.
Please note that, whilst this presentation was delivered in a previous quarter in 2022, the process is comparable across quarters. Additional resources on the data and processes involved in the CfD are also available in the article: Reconciliations: How does money move through the CfD scheme – resources.
LCCC has a calendar of key dates in the Supplier Obligation levy-setting process. This can be accessed via the key dates dashboard and will provide more certainty around the timings of events in the process.
If you would like us to consider any changes or additions to our dates or the data we release, please let us know at info@lowcarboncontracts.uk.
Upcoming Events:
Our quarterly webinar is an opportunity for you to ask us questions about our forecasts. The next will be held on April 23rd at 10am where we will compare the outturn in Q1 2025 with our forecasts and discuss the ILR and TRA for Q3 2025.
You can register here 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.