{
  "url": "https://openlegislation.uk/draft-electricity-capacity-regulations-2014/regulation-29",
  "json_url": "https://openlegislation.uk/draft-electricity-capacity-regulations-2014/regulation-29.json",
  "legislation": "ukdsi/2014/9780111116852",
  "legislation_title": "The Electricity Capacity Regulations 2014",
  "legislation_url": "https://openlegislation.uk/draft-electricity-capacity-regulations-2014",
  "path": "regulation/29",
  "kind": "regulation",
  "number": "29",
  "heading": "DSR transitional auctions",
  "text": "(1) A “DSR transitional auction” is a capacity auction in which bids may only be made for a one year capacity agreement in respect of—\n(a) a demand side response CMU; or\n(b) a non-CMRS distribution CMU with a connection capacity not exceeding 50MW.\n(2) The Delivery Body must hold a DSR transitional auction—\n(a) in the auction window commencing on 1st September 2015, for the 2016-17 delivery year; and\n(b) in the auction window commencing on 1st September 2016, for the 2017-18 delivery year.\n(3) Following a DSR transitional auction, a successful bidder must, in accordance with capacity market rules, elect whether to be issued with a capacity agreement for—\n(a) a time banded capacity obligation; or\n(b) a non-time banded capacity obligation.\n(4) A time banded capacity obligation is an obligation to provide capacity during such times of the day and such months of a delivery year as are specified in capacity market rules.\n(5) A non-time banded capacity obligation is an obligation to provide capacity at any time during a delivery year.\n(6) Capacity payments for a non-time banded capacity obligation are payable at a rate equal to the auction clearing price.\n(7) Capacity payments for a time banded capacity obligation awarded following the DSR transitional auction held under paragraph (2)(a) are payable at a rate equal to 70% of the auction clearing price.\n(8) The Secretary of State must determine as an auction parameter the rate, expressed as a percentage of the auction clearing price, at which capacity payments are to be payable for a time banded capacity obligation awarded following the DSR transitional auction held under paragraph (2)(b).\n(9) The Secretary of State must—\n(a) determine the auction parameters under—\n(i) regulation 12(1); and\n(ii) paragraph (8);\n(b) give notice of them to the Delivery Body as soon as reasonably practicable after making those determinations; and\n(c) publish the determinations.\n(10) Chapters 1 to 4 of this Part apply in relation to DSR transitional auctions with the modifications that—\n(a) regulation 12 applies as if paragraphs (4), (5)(a) and (b) and (6) were omitted; and\n(b) regulation 23 applies as if paragraphs (1)(c) and (2) to (4) were omitted.\n(11) In this regulation, “non-CMRS distribution CMU” means a CMU consisting of one or more non-CMRS distribution units, within the meaning given in regulation 5(8).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2014/9780111116852/regulation/29",
    "retrieved_at": "2026-10-30T15:12:43.570912+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}