Deals Counterparts

Low Carbon Contracts Company (LCCC)

company

The Low Carbon Contracts Company (LCCC) is a UK government-owned company established to manage Contracts for Difference (CfD) for low-carbon electricity generation. Its primary role is to provide revenue stabilisation to eligible renewable and low-carbon generators, thereby encouraging investment in new infrastructure and contributing to the UK's decarbonisation targets and energy security.

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Founded 2014
Government AgencyGovernmentOfftaker

Strategic Overview

  • Plays a critical role in the UK's net-zero targets by de-risking investment in low-carbon electricity generation.
  • Manages the CfD scheme, which is the government's primary mechanism for supporting new low-carbon electricity generation.
  • Ensures price stability for generators and protects consumers from volatile wholesale electricity prices.

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Key People

Dr Jo Saxton
Chair
Neil McDermott
CEO
Andrew Mears
CFO

Track Record

25,700
MW Total
10
Years Active
Notable projects: CfD Allocation Round 1, CfD Allocation Round 2, CfD Allocation Round 3, CfD Allocation Round 4, CfD Allocation Round 5

Detailed Analysis

Technologies
Onshore WindOffshore WindSolar PVBiomassHydropowerTidal StreamGeothermal
Sectors
Energy TransitionUtilities
Geographies
UK
Deal Stage
GreenfieldOperating
Deal Structure
Contract for Difference (CfD)

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