LCCC has issued today a new Contract for Difference Bulletin. This issue covers confirmation of Allocation Round three contract signatures, registration for the forthcoming CfD Interim Levy Rate and Total Reserve Amount for Q1 2020 and details of the next scheduled update of the CfD register and the CfD dashboards.
LCCC has today published a press notice to announce that all 12 of the projects offered Contracts for Difference (CfDs) through the third Allocation Round (AR3) have signed their contracts.
ESC has issued a today a new Electricity Supplier and Capacity Market Bulletin. The issue covers information for Capacity Market participants about steps they need to take to be ready to meet their obligations should the Capacity Market be reinstated.
LCCC and ESC have issued today a new Electricity Supplier Bulletin. This issue covers the ILR/TRA determination for Q1 2020, information about our forthcoming webinar and an invitation for users of the Transparency Tool to take part in our focus group on 17 October.
LCCC has issued a briefing today to illustrate the results of AR3 and their expected impact on the CfD portfolio, once contracts with the successful applicants are signed.
LCCC and ESC have issued today a new Bulletin which covers: new Initial Conditions Precedent (ICP) Guidance, an update to Installed Capacity (IC) and Final Installed Capacity (FIC) Guidance and a Capacity Market update.
In advance of the results of AR3, LCCC has published the Initial Conditions Precedent (ICP) Guidance to assist new Generators in fulfiling the first requirements under their Contract for Difference (CfD). Failure to fulfil these requirements may give rise to termination. Following the fulfilment of these requirements certain provisions of the CfD become effective. The guidance includes the Know Your Customer form and the Legal Opinion template, which are also available as individual downloads.
LCCC has updated the Installed Capacity and Final Installed Capacity Guidance to improve clarity on the topic and on the relevant provisions under the Contract for Difference terms and conditions. Version 3 supersedes previous ones.