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Low Carbon Contracts Company (LCCC)

Low Carbon Contracts Company (LCCC) is the designated CfD Counterparty to Contracts for Difference (CfDs) and Investment Contracts awarded to generators under the government’s CfD scheme.

LCCC manages a portfolio of Contracts for Difference (CfDs) with low carbon generators building over 13GW of new capacity. The current CfD portfolio consists of advanced conversion technologies, biomass conversion, dedicated biomass and energy from waste with CHP, onshore and offshore wind, solar plants and the Hinkley Point C nuclear power plant.

Its sister company, the Electricity Settlements Company (ESC), is the designated Capacity Market Settlement Body under the government’s Capacity Market scheme. ESC manages all financial transactions under the Capacity Market scheme, including credit cover, payments, penalties, meter assurance and volume reallocation for secondary trading.

The CfD and Capacity Market scheme deliver outcomes in support of the government’s objectives of ensuring the UK has reliable, affordable, and clean electricity. For more information, please visit our website or email info@lowcarboncontracts.uk.

 

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