On 25 September 2020, Low Carbon Contracts Company (LCCC) announced it has determined the Total Reserve Amount (TRA) and the Interim Levy Rate (ILR) for Quarterly Obligation Period 1 January 2021 to 31 March 2021 are as follows:
- Total Reserve Amount is £127,252,857.68
- Interim Levy Rate is £8.283/MWh
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.