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The Electricity Capacity Regulations 2014
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- UK Statutory Instruments
- 2014 No. 2043
- PART 4
- CHAPTER 3
- Regulation 14
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Eligibility to bid in capacity auctions
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14.—(1) An applicant is eligible to bid in a capacity auction in respect of a CMU if—
(a)the CMU has prequalified for the capacity auction; and
(b)the applicant is the person who applied for its prequalification under capacity market rules.
(2) A CMU has prequalified for a capacity auction if, by 11 working days before the start of the capacity auction—
(a)the Delivery Body has determined under capacity market rules, or under Chapter 1 of Part 10 (dispute resolution and appeals), that the CMU has prequalified; or
(b)the Delivery Body has registered the CMU on the capacity market register as a prequalified CMU in accordance with a direction of the Authority or the court under Chapter 1 of Part 10.
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