Historic Advanced Forecasts
Data and Resources
|December 18, 2023, 12:46 (UTC)
|October 17, 2023, 16:00 (UTC)
|Forecast CfD payments
|The CfD payments which are expected to be paid to the generators based on the generation volume
|The month and year of the forecast
|Interim Levy Rate
|Under the Supplier Obligation Levy, electricity suppliers make pre-payments consisting of a unit cost fixed Interim Levy Rate, charged at a daily £/MWh rate to fund the cost of CfD generation payments. The Interim Levy Rate is set by LCCC every quarter, one quarter in advance, based on an estimate of the payments that will need to be made in respect of CfD generation in that quarter.
|Market Price Multiplier
|The power market prices increase/decrease assumed over the period covered by the advanced forecast.
|End Date of the respective Quarterly Obligation Period
|Start Date of the respective Quarterly Obligation Period
|Quarterly Obligation Period
|A period of 3 months commencing after 31st March 2015 on 1st April, 1st July, 1st October or 1st January in any period of 12 months
|Base Case/ Low Case/High Case
|Total Reserve Amount
|The amount LCCC determines is needed for there to be a 19 in 20 probability of it being able to make all the CfD generation payments required during that quarter, having regard to: a)the amount of Interim Levy Rate payments which it expects to collect from suppliers during the quarter; b)the likelihood of any supplier failing to make payments during the quarter; and c)the estimated income to be received by the company from CfD generators in the quarter, the estimated amount of electricity to be supplied by suppliers in the quarter and the estimated amount the company will need in the quarter to pay CfD generators.