The Low Carbon Contracts Company (LCCC) is a not-for-profit organisation, established by the UK government to oversee the UK electricity market. It has been designed to facilitate the transition to a low carbon economy and help deliver the government’s ambition for net zero emissions. LCCC supports the development of markets for clean energy and provides an efficient and cost-effective way for governments, businesses and investors to support new clean energy projects. It also works to ensure that the cost of delivering clean energy is shared fairly across all stakeholders and helps ensure that the cost of transitioning to a low carbon economy is minimised.
LCCC is a UK govt-backed not-for-profit, facilitating transition to a low carbon economy and helping deliver net zero emissions. It supports markets for clean energy, ensuring cost is shared fairly and transition costs are minimised.
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