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LCCC to determine the Total Reserve Amount (TRA) and Interim Levy Rate (ILR) – 1 October 2020 to 31 December 2020

30 June 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 October 2020 to 31 December 2020.

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:
30 June 2020