Regulation 10 Determining whether capacity auction is to be held
The Secretary of State must determine—
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by F215th June in each year—
whether a T-4 auction is to be held; and
whether a T-1 auction is to be held,
in the auction window starting on 1st September in that year.
Paragraphs (2), (3) and (4) apply in relation to the determination required by regulation 10(1)(c)(ii).
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.
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.
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.
Where a determination in paragraph (1)(c) is that an auction is not to be held or that neither auction is to be held, the Secretary of State must, as soon as reasonably practicable after making it, publish such a determination under paragraph (1).
A determination that a capacity auction is to be held is subject to regulation 26.
Annotations
Textual amendments
- F1
Reg. 10(1)(a)-(bb) omitted (22.7.2023) by virtue of The Electricity Capacity (Amendment) Regulations 2023 (S.I. 2023/860), regs. 1(2), 3(a)
- F2
Words in reg. 10(1)(c) substituted (22.7.2023) by The Electricity Capacity (Amendment) Regulations 2023 (S.I. 2023/860), regs. 1(2), 3(b)
- F3
Reg. 10(1A) inserted (14.7.2016) by The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 3(2)
- F4
Reg. 10(5) substituted (22.7.2023) by The Electricity Capacity (Amendment) Regulations 2023 (S.I. 2023/860), regs. 1(2), 3(c)