{
  "url": "https://openlegislation.uk/electricity-capacity-regulations-2014/regulation-32",
  "json_url": "https://openlegislation.uk/electricity-capacity-regulations-2014/regulation-32.json",
  "legislation": "uksi/2014/2043",
  "legislation_title": "The Electricity Capacity Regulations 2014",
  "legislation_url": "https://openlegislation.uk/electricity-capacity-regulations-2014",
  "path": "regulation/32",
  "kind": "regulation",
  "number": "32",
  "heading": "Termination fee rates",
  "text": "(1) In this regulation—\n“TFxrate” (for any value of x from x = 1 to x = 9) 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 TFx is payable in the event of the capacity agreement being terminated on that ground;\n...\n(2) Those rates are as follows—\nTF1rate is £5,000/MW;\nTF2rate is £25,000/MW;\nTF3rate is £10,000/MW;\nTF4rate is £15,000/MW;\nTF5rate is £35,000/MW\nTF6rate is £6,500/MW;\nTF7rate is £13,000/MW;\nTF8rate is £19,500/MW;\nTF9rate is £45,500/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 ... for which the capacity agreement is issued, as specified in the capacity market register.\n(5) This regulation applies to the termination of a transferred part as it applies to the termination of a capacity agreement; but in that case, the reference in paragraph (4) to the de-rated capacity ... for which the capacity agreement is issued is to be construed as a reference to the capacity obligation comprised in the transferred part.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in reg. 32(1) substituted (14.7.2016) by The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 10(1)(a) (with reg. 1(3))"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Word in reg. 32(1) substituted (17.7.2026) by The Electricity Capacity (Amendment and Transitional Provision) Regulations 2026 (S.I. 2026/850), reg. 1(2), Sch. 1 para. 4(a)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in reg. 32(1) substituted (14.7.2016) by The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 10(1)(b) (with reg. 1(3))"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in reg. 32(1) omitted (14.7.2016) by virtue of The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 10(1)(c) (with reg. 1(3))"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Reg. 32(2) substituted for reg. 32(2)(3) (14.7.2016) by The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 10(2) (with reg. 1(3))"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Words in reg. 32(2) inserted (17.7.2026) by The Electricity Capacity (Amendment and Transitional Provision) Regulations 2026 (S.I. 2026/850), reg. 1(2), Sch. 1 para. 4(b)"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "Words in reg. 32(4)(5) omitted (2.11.2017) by virtue of The Electricity Capacity (Amendment) Regulations 2017 (S.I. 2017/1053), reg. 1(2), Sch. 1 para. 4"
    },
    {
      "type": "F",
      "label": "F8",
      "text": "Reg. 32(5) inserted (14.7.2016) by The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 23 (with reg. 1(4))"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2014/2043/regulation/32",
    "retrieved_at": "2026-10-29T00:07:34.872566+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."
}