Regulation 12 Requirement to participate in auctions held in an OLR yearI1

England, Wales and Scotland

(1)

The Authority must, in respect of each OLR year—

(a)

determine in accordance with relevant supply licence conditions which licensed suppliers are required to participate in all auctions which are held in that OLR year in respect of eligible generators;

(b)

give a notice to each of those licensed suppliers stating that the licensed supplier is required by relevant supply licence conditions to participate in all such auctions held in that OLR year; and

(c)

publish a list for that OLR year of all licensed suppliers notified under sub-paragraph (b).

(2)

The determination under paragraph (1) must be made—

(a)

in respect of the OLR year which ends on 31st March 2016, on or before 1st April 2015;

(b)

in respect of the OLR year which ends on 31st March 2017, on or before 1st September 2015; and

(c)

in respect of any other OLR year, not later than 1st September in the immediately preceding OLR year.

(3)

For the purposes of paragraph (1), an auction in respect of an eligible generator is to be regarded as held in a particular OLR year if the expression of interest from the generator is received by the Authority in that OLR year.

Annotations

Commencement

I1: Reg. 12 in force at 14.10.2014, see reg. 1(2)