The Hydrogen Production Revenue Support (Directions, Eligibility and Counterparty) Regulations 2023

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1. Introductory Text

2. 1. Citation, commencement, extent, interpretation and application

3. 2. Meaning of “eligible low carbon hydrogen producer”

4. 3. Directions pursuant to section 66(1) of the Energy Act 2023

5. 4. Directions ceasing to have effect

6. 5. Revocation of a direction by the Secretary of State

7. 6. Publication of hydrogen production revenue support contracts

8. 7. Register of hydrogen production revenue support contracts

9. 8. Estimate of storage and transport costs to be provided by the Secretary of State

10. 9. Hydrogen production counterparties - notification of defaults

11. Signature

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       SCHEDULE

       REGISTER OF HYDROGEN PRODUCTION REVENUE SUPPORT CONTRACTS

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          PART 1 DUTIES OF A HYDROGEN PRODUCTION COUNTERPARTY

          1. 1. A hydrogen production counterparty must maintain the register required to...

          2. 2. The hydrogen production counterparty must create an entry on the...

          3. 3. The hydrogen production counterparty may, in addition to any information...

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          PART 2 INFORMATION IDENTIFYING THE CONTRACT AND THE ELIGIBLE LOW CARBON HYDROGEN PRODUCER

          1. 4. The unique identifier

          2. 5. Information regarding the low carbon hydrogen producer

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          PART 3 INFORMATION REGARDING THE FACILITIES WHERE THE LOW CARBON HYDROGEN IS PRODUCED

          1. 6. The hydrogen production counterparty must, in relation to each hydrogen...

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          PART 4 INFORMATION ABOUT THE COMMENCEMENT AND DURATION OF ACTIVITIES PURSUANT TO THE CONTRACT ETC.

          1. 7. (1) A hydrogen production counterparty must, in relation to each...

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          PART 5 THE LOW CARBON HYDROGEN STRIKE PRICE

          1. 8. Meaning of “low carbon hydrogen strike price”

          2. 9. (1) This paragraph only applies in a case where, pursuant...

          3. 10. Storage and transport costs

          4. 11. Sales cap in respect of the production of hydrogen under a hydrogen production revenue support contract

13. Explanatory Note