Regulation 14 Cap on annual closure payment (small and medium biomass installations)
(1)
This regulation applies in respect of installations of a type set out in Table 2 of Schedule 1.
(2)
No annual closure payment is to be made in respect of any deemed production of heat beyond 400,000kWhth.
(3)
Deemed heat production is—
C x LF x 8,760
where—
(a)
C is the capacity of the installation in kWth,
(b)
LF is the load factor, as a percentage,
(c)
8,760 is the number of hours in a year.