Initial Conditions Precedent (ICP) Guidance
Posted 06.05.2022
Low Carbon Contracts Company (LCCC) has today, 6 May 2022, published an updated version of its Initial Conditions Precedent (ICP) Guidance document, intended to support Generators through the ICP process.
ICPs are part of the first process that a Generator will undertake after signing a Contract for Difference (CfD).
The guidance covers:
- Contract signature process to ICP
- Legal Opinion
- Know your customer
- Facility Description
- Electricity Storage
ICP Guidance May 2022