Paragraph 49 Regulation 29 (DSR transitional auctions)

after sub-paragraph (a) insert—

“(aa)

regulation 13 applies as if in paragraph (1), for “regulation 23” there were substituted “regulation 23(1)”, and the following paragraphs were inserted after paragraph (2)—

“(3)

After the Secretary of State receives a notification from the Delivery Body under regulation 23(1A), the Secretary of State may decide to adjust any of the auction parameters for the capacity auction to which the notification relates.

(4)

The Secretary of State must make any decision under paragraph (3), and give notice of any adjustments to the Delivery Body, within 5 working days after receiving the notification from the Delivery Body.”;

(ab)

regulation 21 applies as if after paragraph (3) there were inserted—

“(4)

If the Secretary of State gives notice of an adjustment to auction parameters under regulation 13(4)—

(a)

within 5 working days after receiving the notice, the Delivery Body must publish a revised final version of the auction guidelines accordingly; or

(b)

if the Delivery Body has not published a final version of the auction guidelines when it receives the notice, it must publish those guidelines at the time required by paragraph (3) or within 5 working days after receiving the notice, whichever is later.””; and

in sub-paragraph (b) after “omitted” insert—

“and the following paragraph were inserted after paragraph (1)—

“(1A)

The Delivery Body must—

(a)

on the auction results day for a supplementary auction, or

(b)

on the auction results day for a third T-4 auction if there is no supplementary auction but there is a third T-4 auction,

notify the Secretary of State of the aggregate de-rated capacity of CMUs which are eligible to participate in the capacity auction, and CMUs in respect of which applications were rejected.””.