On Tuesday 28 March, we will have a telephone outage. This is due to moving to a new provider which requires some changes to our communication systems. We understand this may cause some inconvenience, and we apologise in advance for any disruption to your work. During the outage, please contact our Service Desk via [email protected]...
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Events
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Interim Levy Rate & Total Reserve Amount determined for Q3
The Low Carbon Contracts Company (LCCC) is required to determine the Total Reserve Amount and Interim Levy Rate for the Quarterly Obligation Period 1 July 2023 to 30 September 2023. 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...
Revised Schedule of Supplier’s Monthly Credit Cover and Supplier Charges for 2022/23
Suppliers received their revised monthly Capacity Market Credit Cover and Supplier Charge schedule for the 2022/23 Delivery Year. The revised schedule is based on the actual data for the Period of High Demand. The first month a Supplier’s Capacity Market Supplier Charge will be calculated using metered data will be May 2023. This impacts Suppliers... |
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Interim Levy Rate for 1 April 2023 to 30 June 2023
On 16 December 2022, LCCC issued a Stakeholder Bulletin to announce for the Quarterly Obligation Period 1 April 2023 to 30 June 2023 that the Interim Levy Rate is £0.000/MWh. From 1 April 2023, Suppliers will be required to maintain Credit Cover using the Interim Levy Rate of £0.000/MWh. Further information on the process on lodging or requesting excess Credit... |
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Supplier’s Capacity Market Monthly Credit Cover Deadline
You must lodge enough Credit Cover no later than 12 working days before the start of the month to meet your monthly Credit Cover requirement for each month of the Delivery Year. The amount of Credit Cover is 110% of the monthly Capacity Market Supplier Charge. This is illustrated in the revised monthly Capacity Market... |
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This is an opportunity to hear from LCCC’s Forecasting Team on the Interim Levy Rate and Total Reserve Amount forecast for Quarterly Obligation Period 1 July 2023 to 30 September 2023. Plus, an opportunity to raise questions and to look back at the outcomes in Q1 2023. If you would like to find out more,... |
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