Regulation 14 Eligibility to bid in capacity auctions

(1)

F1AnF2applicant is eligible to bid in a capacity auction in respect of a CMU if—

(a)

the CMU has prequalified for the capacity auction; and

(b)

the applicant is the person who applied for its prequalification under capacity market rules.

(2)

A CMU has prequalified for a capacity auction if, by 11 working days before the start of the capacity auction—

(a)

the Delivery Body has determined under capacity market rules, or under Chapter 1 of Part 10 (dispute resolution and appeals), that the CMU has prequalified; or

(b)

the Delivery Body has registered the CMU on the capacity market register as a prequalified CMU in accordance with a direction of the Authority or the court under Chapter 1 of Part 10.

F3(3)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Annotations

Textual amendments

F1: Word in reg. 14(1) substituted (23.7.2025) by The Electricity Capacity (Amendment) (No. 2) Regulations 2025 (S.I. 2025/917), reg. 1(2), Sch. para. 8(a)
F2: Words in reg. 14(1) substituted (24.3.2015) by The Electricity Capacity (Amendment) Regulations 2015 (S.I. 2015/875), reg. 1(2), Sch. 1 para. 4(1)
F3: Reg. 14(3) omitted (23.7.2025) by virtue of The Electricity Capacity (Amendment) (No. 2) Regulations 2025 (S.I. 2025/917), reg. 1(2), Sch. para. 8(b)