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LCCC to determine the Total Reserve Amount (TRA) and Interim Levy Rate (ILR) – 1 April 2021 to 30 June 2021

31 December 2020

Summary

The Low Carbon Contracts Company (LCCC) is required to determine the Total Reserve Amount and Interim Levy Rate for the Quarterly Obligation Period 1 April 2021 to 30 June 2021.

Once confirmed, on behalf of the LCCC we’ll notify Suppliers in accordance with the Contracts for Difference (Electricity Supplier Obligations) Regulations 2014 (the “Supplier Obligation Regulations”) of the Supplier’s Reserve Payment Amount and the Interim Levy Rate.

The CFD Scheme Dashboard illustrates the calculations performed to determine Total Reserve Amount and the Interim Levy Rate. It provides calculations for the Quarterly Obligation Periods for which the LCCC have determined a non-zero Interim Levy Rate, a 15 month forecast and a Daily Reconciled Levy Rates. You can view the CFD Scheme Dashboard on the LCCC website.

Details

Date:
31 December 2020