The Electricity Capacity (Amendment) Regulations 2025

Amendment to regulation 11 (meaning of auction parameters)

4.  In regulation 11—

(a) in paragraph (1)(e), after “15 year minimum £/kW threshold” insert “, 9 year minimum £/kW threshold”;

(b) in paragraph (3)—

(i) for “In paragraph (1)”, substitute “In this regulation”;

(ii) for the definitions of “15 year minimum £/kW threshold” and “3 year minimum £/kW threshold” substitute—

““3 year minimum £/kW threshold” means the minimum amount of capital expenditure per kilowatt of de-rated capacity which a bidder must commit to spending on a generating CMU or an unproven demand side response CMU that is not a three year zero capex threshold CMU to be eligible to bid for a capacity obligation for a period of 2 or 3 delivery years;

“9 year minimum £/kW threshold” means the minimum amount of capital expenditure per kilowatt of de-rated capacity which a bidder must commit to spending on a declared low carbon CMU that is a new build CMU, a refurbishing CMU or an unproven demand side response CMU to be eligible to bid for a capacity obligation for a period of more than 3 and up to 9 delivery years;

“15 year minimum £/kW threshold” means the minimum amount of capital expenditure per kilowatt of de-rated capacity which a bidder must commit to spending—

(a)

on a declared low carbon CMU that is a generating CMU or an unproven demand side response CMU to be eligible to bid for a capacity obligation for a period of more than 9 and up to 15 delivery years; or

(b)

on any other generating CMU or unproven demand side response CMU to be eligible to bid for a capacity obligation for a period of more than 3 and up to 15 delivery years;”;

(iii) after the definition of “auction target capacity”, insert—

“; and

“declared low carbon CMU”, “new build CMU”, “refurbishing CMU”, and “three year zero capex threshold CMU” have the meaning given in the Rules.”.