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The Carbon Capture Revenue Support (Directions, Eligibility and Counterparty) Regulations 2024

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PART 1DUTIES OF A CARBON CAPTURE COUNTERPARTY

1.  A carbon capture counterparty must maintain the register required to be kept by virtue of regulation 9 in accordance with the requirements set out in this Schedule.

2.  A carbon capture counterparty must create an entry on the register in respect of each carbon capture revenue support contract to which it is a party.

3.  A carbon capture counterparty may, in addition to any information that is required to be entered onto the register, enter onto the register any other information which it considers would facilitate the administration of carbon capture revenue support contracts.

4.  A carbon capture counterparty must, so far as it is reasonably practicable, ensure that entries in the register are accurate.

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