LCCC and ESC asked to forecast costs three years ahead

Proposals for the state-owned bodies in charge of the CfD and Capacity Market auctions asked for costings three years in advance

Government plans to publish its response in early 2018. Photograph: Michael Rosskothen/123RFA change in the way the companies in charge of energy capacity bidding will be administrated has been called for by government.

BEIS published a consultation on 10 November on the government-owned Low Carbon Contracts Company (LCCC), in charge of the contracts for difference (CfD) auctions, and the Electricity Settlements Company (ESC), in charge of Great Britain’s capacity market auctions.

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