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LCCC expects to return £39m of CfD payments to suppliers

LCCC expects to return £39m of CfD payments to suppliers

The Low Carbon Contracts Company (LCCC) has said it expects to return more than £39 million of Contracts for Difference payments to suppliers as result of exceptionally high power prices over the last three months of 2021. The body said the final quarter of the year was the first in the scheme’s history in which generators returned more money than they received.

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Miliband calls for ‘root-and-branch reform’ of energy regulation

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EDF Renewables unveils 1GW floating offshore project

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Widespread support for scrapping energy VAT among Red Wall voters

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SES site retains sector’s only biodiversity benchmark

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MPs pass nuclear financing bill

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SMS to test solutions for smart meter ‘blackspots’

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CMA likely to approve Bristol acquisition

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Thames partners with disability group to grow PSR

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Domestic flexibility could cut peak demand by 6.8GW by 2030

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RAPID calls for projects to embrace renewable energy

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Community energy ‘ignored and abandoned’ by government

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Together Energy facing expulsion from BSC

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Weekend press round-up: ‘No quick fix’ to energy crisis

The ongoing energy crisis continued to grab headlines in the weekend’s papers, with experts warning there is “no quick fix”, Labour urging the government to impose a windfall tax on oil and gas companies to fund support for struggling households and Tory MPs claiming the Treasury is set to see its own £1bn windfall from VAT on energy bills.

4 years ago

Defra to fund schemes to boost water quality

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On the Move: Amber Rudd becomes Centrica director

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UK must establish feasibility of negative emissions by 2030

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Anglian Water kicks off apprenticeship drive

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Carlton Power and Stag Energy to merge

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Hunterston B finally goes offline after 46 years in service

4 years ago

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