The Electricity Capacity Regulations 2014
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13 Adjustment of auction parameters following prequalification
(1) Subject to paragraph (1A), after the Secretary of State receives a notification from the Delivery Body under regulation 23, the Secretary of State may decide to adjust any of the auction parameters for the capacity auction to which the notification relates. (1A) If the Secretary of State adjusts the auction parameter referred to in regulation 11(1)(b) (auction target capacity) for a T-1 auction, that auction target capacity must remain equal to or greater than 50% of the T-1 auction set aside if previously determined under regulation 12(2A)(b) for that T-1 auction and delivery year. (2) The Secretary of State must make any decision under paragraph (1), and give notice of any adjustments to the Delivery Body, within 10 working days after receiving the notification from the Delivery Body. (3) In this regulation, “the T-1 auction set aside” has the meaning given in regulation 12(2A)(b).
13 Adjustment of auction parameters following prequalification
(1) Subject to paragraph (1A), after the Secretary of State receives a notification from the Delivery Body under regulation 23, the Secretary of State may decide to adjust any of the auction parameters for the capacity auction to which the notification relates. (1A) If the Secretary of State adjusts the auction parameter referred to in regulation 11(1)(b) (auction target capacity) for a T-1 auction, that auction target capacity must remain equal to or greater than 50% of the T-1 auction set aside if previously determined under regulation 12(2A)(b) for that T-1 auction and delivery year. (2) The Secretary of State must make any decision under paragraph (1), and give notice of any adjustments to the Delivery Body, within 10 working days after receiving the notification from the Delivery Body. (3) In this regulation, “the T-1 auction set aside” has the meaning given in regulation 12(2A)(b).
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