PART 2Electricity Market Reform
CHAPTER 1General considerations
5General considerations relating to this Part
1
In exercising the function of making—
a
regulations under section 6;
b
an order under section 23;
c
a modification under section 26;
d
regulations under section 27;
e
a modification under section 37;
f
a modification under section 45;
g
an order under section 46;
the Secretary of State must have regard to the matters mentioned in subsection (2).
2
The matters are—
a
the duties of the Secretary of State under sections 1 and 4(1)(b) of the Climate Change Act 2008 (carbon targets and budgets);
b
the duty of the Secretary of State under section 1(1) of this Act (decarbonisation target range);
c
ensuring the security of supply to consumers of electricity;
d
the likely cost to consumers of electricity;
e
the target set out in Article 3(1) of, and Annex 1 to, the renewables directive (use of energy from renewable sources).
3
In subsection (2)(e) “the renewables directive” means Directive 2009/28/EC of the European Parliament and of the Council of 23 April 2009 on the promotion of the use of energy from renewable sources.
4
The Secretary of State must before 31st December in each year, beginning with 2014, prepare and lay before Parliament a report setting out how the Secretary of State has carried out during the year the functions under this Part of this Act.
5
The Secretary of State must publish the report and send a copy of it to the Department of Enterprise, Trade and Investment, the Scottish Ministers and the Welsh Ministers.