Low Carbon Contracts Company: counterparty for hydrogen production revenue support contracts
Notice given pursuant to Section 65 of the Energy Act 2023 to designate Low Carbon Contracts Company Ltd as a counterparty for hydrogen production revenue support contracts.
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Section 65(1) of the Energy Act 2023 (the “Act”) provides that the Secretary of State may by notice given to a person designate the person to be a counterparty for hydrogen production revenue support contracts.
The Energy Security and Net Zero Secretary of State gave notice to the Low Carbon Contracts Company Ltd (LCCC) on 2 January 2024 designating the company as a counterparty for hydrogen production revenue support contracts under the Act.
In accordance with Section 81(3)(a) of the Act, the Secretary of State is also publishing the notice given to LCCC.