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Statutory Instrument

The Contracts for Difference (Miscellaneous Amendments) Regulations 2022

Citation
S.I. 2022/691
As at
Sections
3
Section 1Citation, commencement and extent

(1) These Regulations may be cited as the Contracts for Difference (Miscellaneous Amendments) Regulations 2022 and come into force on the day after the day on which they are made.

(2) These Regulations, apart from regulation 3(2), extend to England and Wales, Scotland and Northern Ireland.

(3) Regulation 3(2) extends to England and Wales and Scotland only.

Section 2Amendments to the Contracts for Difference (Definition of Eligible Generator) Regulations 2014

(1) The Contracts for Difference (Definition of Eligible Generator) Regulations 2014 are amended as follows.

(2) In regulation 2(1) in the definition of “complete CCS system” in sub-paragraph (b) after “transporting” insert “(including by way of non-pipeline transport methods)” .

(3) In regulation 3(5) in the definition of “carry out a generating activity”—

(a) in paragraph (a) after “eligible generating station;” omit “or”;

(b) in paragraph (b) after “by 5 megawatts or more;” insert “or” ;

(c) after paragraph (b) insert—

(c) to alter an existing generating station in order that it becomes a generating station connected to a complete CCS system;

Section 3Amendments to the Contracts for Difference (Allocation) Regulations 2014

(1) The Contracts for Difference (Allocation) Regulations 2014 are amended as follows.

(2) In regulation 14(2)(a) after “a complete CCS system” insert “or is to be altered to be a generating station connected to a complete CCS system” .

(3) In regulation 60—

(a) for paragraph (5) substitute—

(5) Paragraph (4) does not apply to any strike price or reference price which may be included in the contract.

(b) in paragraph (6)—

(i) in the definition of “reference price” for “the sum that is” substitute “the sum that may be” ;

(ii) in the definition of “strike price” for “the sum that is” substitute “the sum that may be” .

3 sections

Cite this legislation

The Contracts for Difference (Miscellaneous Amendments) Regulations 2022 (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-2022-691

Contains public sector information licensed under the Open Government Licence v3.0.

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