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

(1)

The Contracts for Difference (Allocation) Regulations 2014^f1 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”.

Annotations

f1: S.I. 2014/2011; relevant amending instruments are S.I. 2016/784, S.I. 2021/758.