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The Contracts for Difference (Miscellaneous Amendments) Regulations 2022
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- UK Statutory Instruments
- 2022 No. 691
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EXPLANATORY NOTE
(This note is not part of the Regulations)
These Regulations amend the Contracts for Difference (Definition of Eligible Generator) Regulations 2014 (S.I. 2014/2010) (“Eligible Generator Regulations”) and the Contracts for Difference (Allocation) Regulations 2014 (S.I. 2014/2011) (“Allocation Regulations”).
Regulation 2(2) amends the definition of a “complete CCS system” in the Eligible Generator Regulations to refer to non-pipeline transport methods.
Regulation 2(3) amends the definition of “carrying out a generating activity” in the Eligible Generator Regulations to include altering an existing generating station into a generating station connected to a complete CCS system.
Regulation 3(2) amends the regulation in the Allocation Regulations which pertains to excluded applications by including additional language after a “complete CCS system” to cover other forms of generating stations which are altered to become a generating station connected to a complete CCS system.
Regulation 3(3) amends the definitions of strike price and reference price in the regulation of the Allocation Regulations which pertains to the publication of contracts.
A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sector is foreseen.
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