Search Legislation

The Electricity Capacity (Amendment) Regulations 2023

 Help about what version

What Version

  • Draft legislation
 Help about opening options

Opening Options

Draft Legislation:

This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Electricity Capacity (Amendment) Regulations 2023 No. 860

PART 2Amendment of the Electricity Capacity Regulations 2014

Amendment of the Electricity Capacity Regulations 2014

2.  The Electricity Capacity Regulations 2014(1) are amended in accordance with this Part.

Amendment to regulation 10 (determining whether capacity auction is to be held)

3.  In regulation 10—

(a)in paragraph (1), omit subparagraphs (a) to (bb) and the “and” after subparagraph (bb);

(b)in paragraph (1)(c), for “15th June 2017 and each subsequent year”, substitute “15th June in each year”;

(c)for paragraph (5), substitute—

(5) Where a determination in paragraph (1)(c) is that an auction is not to be held or that neither auction is to be held, the Secretary of State must, as soon as reasonably practicable after making it, publish such a determination under paragraph (1).

Amendment to regulation 34 (termination of capacity agreements: CFDs and ROO conversions)

4.  In regulation 34—

(a)after paragraph (2), insert—

(2A) Subject to paragraph (2B), a CFD transfer notice must include a statement verifying the truth of the statements contained in the CFD transfer notice, which is signed by two directors of the capacity provider or, in the case of a capacity provider which is not a company, by two persons duly authorised by the capacity provider.

(2B) If a capacity provider has a sole director, references to “directors” in paragraph (2A) are to be read as the sole director.;

(b)in paragraph (3)—

(i)before the definition of “CFD transfer notice”, insert—

allocation round” means an allocation round established by the Secretary of State under regulation 4 of the Contracts for Difference (Allocation) Regulations 2014(2);;

(ii)for the definition of “CFD transfer notice”, substitute—

CFD transfer notice” means a notice from the capacity provider in respect of CMU i which—

(a)

identifies A;

(b)

states that the capacity provider in respect of CMU i seeks the termination of A in order to become eligible to apply for a CFD in an allocation round;

(c)

identifies the specific allocation round in which the capacity provider intends to apply;

(d)

requests that the Delivery Body terminate A; and

(e)

complies with paragraph (2A);.

Amendment to regulation 41 (capacity provider penalty charges)

5.  In regulation 41(2), for “21st”, substitute “35th”.

(1)

S.I. 2014/2043; relevant amending instruments are S.I. 2014/3354, 2015/875, 2016/742 and 2019/1139.

(2)

S.I. 2014/2011; regulation 4 has been amended by S.I. 2015/981, 2016/1053 and 2021/758.

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

Draft Explanatory Memorandum

Draft Explanatory Memorandum sets out a brief statement of the purpose of a Draft Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Draft Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as made version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources