Regulation 3 Amendment to regulation 2 (interpretation)

In regulation 2(1), in the appropriate places, insert—

• ““estimated budget” means the total—

  1. (a)

     estimated sum of money potentially payable by the CFD counterparty under CFDs to eligible generators in a delivery year, excluding sustainable industry rewards;

  2. (b)

     estimated capacity of electricity which may be generated by generating stations subject to a CFD in a delivery year; or

  3. (c)

     a combination of (a) and (b);”;

• ““estimated budget notice” means a notice required by regulation 10B(2);”;

• ““pot notice” means a notice referred to in regulation 10A(3);”;

• ““price notice” means a notice required by regulation 10A(1);”;

• ““sustainable industry reward budget notice” means a notice required by regulation 13A(1);”.