{
  "url": "https://openlegislation.uk/draft-electricity-capacity-regulations-2014/regulation-32",
  "json_url": "https://openlegislation.uk/draft-electricity-capacity-regulations-2014/regulation-32.json",
  "legislation": "ukdsi/2014/9780111116852",
  "legislation_title": "The Electricity Capacity Regulations 2014",
  "legislation_url": "https://openlegislation.uk/draft-electricity-capacity-regulations-2014",
  "path": "regulation/32",
  "kind": "regulation",
  "number": "32",
  "heading": "Termination fee rates",
  "text": "(1) In this regulation—\n“ TF 1 rate \" means the rate at which a termination fee is payable by a capacity provider if—\n(a) a capacity agreement is terminated on a ground specified in capacity market rules; and\n(b) capacity market rules specify that TF1 is payable in the event of the capacity agreement being terminated on that ground;\n“ TF 2 rate ” means the rate at which a termination fee is payable by a capacity provider if—\n(a) a capacity agreement is terminated on a ground specified in capacity market rules; and\n(b) capacity market rules specify that TF2 is payable in the event of the capacity agreement being terminated on that ground.\n(2) TF 1 rate is £5,000/MW.\n(3) TF 2 rate is £25,000/MW.\n(4) References in this regulation to a rate expressed as £/MW are to that amount in pounds per MW of de-rated capacity or DSR bid capacity for which the capacity agreement is issued, as specified in the capacity market register.",
  "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/32",
    "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."
}