This area is aimed at electricity suppliers who are interested in understanding more about their obligations under Electricity Market Reform (EMR). Within this area you should be able to access all of the relevant materials, newsletters and information relevant to your needs.
From this section you can access supporting information on the CFD and Capacity Market levies, which apply to all electricity suppliers licenced in Great Britain.
One of the key functions of LCCC is to forecast and set the CFD Supplier Obligation, comprising of the Interim Levy Rate (ILR) and Total Reserve Amount (TRA), in advance of the quarter in which it is going to apply. You can find out more about this here
To help our stakeholders better understand our forecasting results we have created a Transparency Tool.
The Transparency Tool has been designed to give suppliers confidence in the correctness of our ILR and TRA calculations. To give suppliers a view of potential costs further into the future, we now publish ILR and TRA forecasts out to 15 months. The source code for the Transparency Tool can be found here.
The CFD payments collected from suppliers are subsequently reconciled, with actual CFD generation and demand data used to calculate the actual levy rate. To ensure that our stakeholders have up to date information on the actual costs, we intend to provide these daily reconciled levy rates on a quarterly basis to the Suppliers Area.
We often hold Stakeholder events to support industry readiness. Please click here to see information on past events and what's coming up.
The Low Carbon Contracts Company has confirmed that the Interim Levy Rate will be set at £1.513/MWh and the Total Reserve Amount at £30,932,664.24,
The new 15 month forecast created by the LCCC Forecasting Team has now gone live onto the Transparency Tool.