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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 2025 to 30 June 2025. Once confirmed, we will 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...
Suppliers are required to maintain their Credit Cover requirement using the Interim Levy Rate applicable for the Quarterly Obligation Period. The Interim Levy Rate of £7.608/MWh is effective from 1 January 2025 to 31 March 2025. If a Supplier is required to lodge additional Credit Cover, please ensure you have sufficient Credit Cover lodged by 5:00pm on 31 December 2024. We...
Following Tier 1 Disputes Results Day on 10 December 2024, those Conditionally Prequalified Applicants are required to provide Credit Cover within 15 Working Days (WDs) after Tier 1 Disputes Results Day; this deadline is 3 January 2025. Our Working Practice, WP35 – Applicant Credit Cover will provide you with the templates for Letter of Credit and...
LCCC’s Forecasting Team are hosting a webinar on the Interim Levy Rate and Total Reserve Amount forecast for Q2 2025. Also, they will cover the outcome from how the Q4 2024 performed against the forecast. To secure your spot at this webinar, please do register here. If you have any suggestions or feedback on what else...
LCCC is hosting drop-in sessions every Monday in February to support CfD Generators in meeting the requirements of OCP 2.1A. The EMRS team will be available during these sessions to assist with My EMRS registration and BMU creation. They will also share useful tips on gathering and submitting the necessary information for OCP 2.1A compliance...
LCCC is hosting drop-in sessions every Monday in February to support CfD Generators in meeting the requirements of OCP 2.1A. The EMRS team will be available during these sessions to assist with My EMRS registration and BMU creation. They will also share useful tips on gathering and submitting the necessary information for OCP 2.1A compliance...
LCCC is hosting drop-in sessions every Monday in February to support CfD Generators in meeting the requirements of OCP 2.1A. The EMRS team will be available during these sessions to assist with My EMRS registration and BMU creation. They will also share useful tips on gathering and submitting the necessary information for OCP 2.1A compliance...
On 18 February 2025, we will issue Mock System Stress Event Reporting to Capacity Providers. This reporting is to address data quality issues to improve the overall settlement accuracy if a System Stress Event were to happen. We have consolidated further details together on our Settlement Data webpage to support Capacity Providers in understanding the reporting received. During...
LCCC is hosting drop-in sessions every Monday in February to support CfD Generators in meeting the requirements of OCP 2.1A. The EMRS team will be available during these sessions to assist with My EMRS registration and BMU creation. They will also share useful tips on gathering and submitting the necessary information for OCP 2.1A compliance...
The T-1 Auction for 2025/26 Delivery Year commences. Further details on the Auctions are location on the NESO's knowledge site.
