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Regulation 11 Contract budget noticesF11I1

England, Wales and Scotland

(1)

The Secretary of State must by notice (“a F1contract budget notice”) specify—

(a)

the F2contract budget which is available for each delivery year applicable to an allocation round; F3...

F4(b)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(2)

The Secretary of State may in a contract budget notice specify any of the following—

(a)

budgets which are reserved for the descriptions of applications specified in the notice (“minima”);

(b)

maximum budgets which apply to the descriptions of applications specified in the notice (“maxima”);

(c)

a division of the contract budget such that a different part (“pot”) of the contract budget applies to the description of applications specified in the F5pot notice.

(3)

Where maxima or minima are specified, they may be expressed as—

(a)

a sum of money;

(b)

an amount of capacity of electricity generation; or

(c)

a combination of (a) and (b).

(4)

Where—

(a)

the contract budget is expressed as a sum of money; and

(b)

that sum is stated by reference to a price which is not current at the date of the contract budget notice,

the contract budget notice must include a factor which, when applied to that sum, converts that sum into a price which is current at that date.

F6(4A)

Where any budget referred to in paragraph (1)(a) or (2) (that is to say, the contract budget, a minimum, a maximum or a pot) is expressed as an amount of capacity of electricity generation, the Secretary of State may specify in the contract budget notice F7that a soft constraint applies to that amount; and in such a case, the amount of capacity of electricity generation may be exceeded, but only in accordance with the provisions of the F8contract allocation framework that applies to that allocation round.

(5)

A contract budget notice must—

F9(a)

be given to the delivery body at such time as is set out in the contract allocation framework; and

(b)

identify the allocation round to which the contract budget notice applies; F10...

(c)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Annotations

Textual amendments

F1

Words in reg. 11 substituted (13.6.2024) by The Contracts for Difference (Sustainable Industry Rewards) Regulations 2024 (S.I. 2024/710), regs. 1(1), 12(b)

F2

Words in reg. 11 substituted (13.6.2024) by The Contracts for Difference (Sustainable Industry Rewards) Regulations 2024 (S.I. 2024/710), regs. 1(1), 12(c)

F3

Word in reg. 11 omitted (22.7.2025) by virtue of The Contracts for Difference (Miscellaneous Amendments) (No. 3) Regulations 2025 (S.I. 2025/903), regs. 1(2), 6(a)

F4

Reg. 11(1)(b) omitted (22.7.2025) by virtue of The Contracts for Difference (Miscellaneous Amendments) (No. 3) Regulations 2025 (S.I. 2025/903), regs. 1(2), 6(b)

F5

Words in reg. 11(2)(c) substituted (22.7.2025) by The Contracts for Difference (Miscellaneous Amendments) (No. 3) Regulations 2025 (S.I. 2025/903), regs. 1(2), 6(c)

F6

Reg. 11(4A) inserted (25.6.2021) by The Contracts for Difference (Miscellaneous Amendments) Regulations 2021 (S.I. 2021/758), regs. 1(1), 17

F7

Words in reg. 11(4A) substituted (22.7.2025) by The Contracts for Difference (Miscellaneous Amendments) (No. 3) Regulations 2025 (S.I. 2025/903), regs. 1(2), 6(d)

F8

Words in reg. 11(4A) substituted (13.6.2024) by The Contracts for Difference (Sustainable Industry Rewards) Regulations 2024 (S.I. 2024/710), regs. 1(1), 12(d)

F9

Reg. 11(5)(a) substituted (22.7.2025) by The Contracts for Difference (Miscellaneous Amendments) (No. 3) Regulations 2025 (S.I. 2025/903), regs. 1(2), 6(e)

F10

Reg. 11(5)(c) and word omitted (22.7.2025) by virtue of The Contracts for Difference (Miscellaneous Amendments) (No. 3) Regulations 2025 (S.I. 2025/903), regs. 1(2), 6(f)

F11

Reg. 11 heading substituted (13.6.2024) by The Contracts for Difference (Sustainable Industry Rewards) Regulations 2024 (S.I. 2024/710), regs. 1(1), 12(a)

Commencement

I1

Reg. 11 in force at 1.8.2014, see reg. 1(1)