Energy Act 2023

74Standard terms of revenue support contractsU.K.
This section has no associated Explanatory Notes

(1)The Secretary of State may issue standard terms and conditions (“standard terms”) of—

(a)hydrogen production revenue support contracts;

(b)carbon capture revenue support contracts.

(2)The Secretary of State may from time to time revise standard terms.

(3)Standard terms issued or revised under this section must be in accordance with provision made in revenue support regulations.

(4)The Secretary of State must publish standard terms as issued or revised under this section.

(5)In publishing standard terms the Secretary of State may designate particular standard terms as terms that may not be modified under section 78.

(6)Different standard terms may be issued for different categories of hydrogen production revenue support contract or carbon capture revenue support contract.

Commencement Information

I1S. 74 in force at 26.12.2023, see s. 334(3)(b)