OpenLegislation

Regulation 10 Determining whether capacity auction is to be held

Original text. Later amendments are not shown.

(1)

The Secretary of State must determine—

(a)

within 4 months after this regulation comes into force, whether a capacity auction is to be held in accordance with regulation 87 for the delivery year starting on 1st October 2018;

(b)

by 15th June in 2015 and 2016, whether a T-4 auction is to be held in the auction window starting on 1st September in that year; and

(c)

by 15th June in 2017 and each subsequent year—

(i)

whether a T-4 auction is to be held; and

(ii)

whether a T-1 auction is to be held,

in the auction window starting on 1st September in that year.

(2)

The Secretary of State must, under paragraph (1)(c)(ii), determine that a T-1 auction is to be held, except where paragraph (3) or (4) applies.

(3)

The Secretary of State may determine that a T-1 auction is not to be held if the electricity capacity report for the year in which the determination is to be made contains a forecast that no DSR providers will apply to bid in such an auction.

(4)

The Secretary of State must determine that a T-1 auction is not to be held for a delivery year if no T-4 auction was held for that delivery year.

(5)

The Secretary of State must publish the determinations under paragraph (1) as soon as reasonably practicable after making them.

(6)

A determination that a capacity auction is to be held is subject to regulation 26.