The Electricity Capacity (Amendment) Regulations 2025
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Change 1
4 Amendment to regulation 11 (meaning of auction parameters)
In regulation 11— (a) in paragraph (1)(e), after “15 year minimum £/kW threshold” insert “, 9 year minimum £/kW threshold”; (b) in paragraph (3)— (i) for “In paragraph (1)”, substitute “In this regulation”; (ii) for the definitions of “15 year minimum £/kW threshold” and “3 year minimum £/kW threshold” substitute— “3 year minimum £/kW threshold” means the minimum amount of capital expenditure per kilowatt of de-rated capacity which a bidder must commit to spending on a generating CMU or an unproven demand side response CMU that is not a three year zero capex threshold CMU to be eligible to bid for a capacity obligation for a period of 2 or 3 delivery years; “9 year minimum £/kW threshold” means the minimum amount of capital expenditure per kilowatt of de-rated capacity which a bidder must commit to spending on a declared low carbon CMU that is a new build CMU, a refurbishing CMU or an unproven demand side response CMU to be eligible to bid for a capacity obligation for a period of more than 3 and up to 9 delivery years; “15 year minimum £/kW threshold” means the minimum amount of capital expenditure per kilowatt of de-rated capacity which a bidder must commit to spending— on a declared low carbon CMU that is a generating CMU or an unproven demand side response CMU to be eligible to bid for a capacity obligation for a period of more than 9 and up to 15 delivery years; or on any other generating CMU or unproven demand side response CMU to be eligible to bid for a capacity obligation for a period of more than 3 and up to 15 delivery years; ; (iii) after the definition of “auction target capacity”, insert— ; and “declared low carbon CMU”, “new build CMU”, “refurbishing CMU”, and “three year zero capex threshold CMU” have the meaning given in the Rules. .
4 Amendment to regulation 11 (meaning of auction parameters)
In regulation 11— (a) in paragraph (1)(e), after “15 year minimum £/kW threshold” insert “, 9 year minimum £/kW threshold”; (b) in paragraph (3)— (i) for “In paragraph (1)”, substitute “In this regulation”; (ii) for the definitions of “15 year minimum £/kW threshold” and “3 year minimum £/kW threshold” substitute— “3 year minimum £/kW threshold” means the minimum amount of capital expenditure per kilowatt of de-rated capacity which a bidder must commit to spending on a generating CMU or an unproven demand side response CMU that is not a three year zero capex threshold CMU to be eligible to bid for a capacity obligation for a period of 2 or 3 delivery years; “9 year minimum £/kW threshold” means the minimum amount of capital expenditure per kilowatt of de-rated capacity which a bidder must commit to spending on a declared low carbon CMU that is a new build CMU, a refurbishing CMU or an unproven demand side response CMU to be eligible to bid for a capacity obligation for a period of more than 3 and up to 9 delivery years; “15 year minimum £/kW threshold” means the minimum amount of capital expenditure per kilowatt of de-rated capacity which a bidder must commit to spending— on a declared low carbon CMU that is a generating CMU or an unproven demand side response CMU to be eligible to bid for a capacity obligation for a period of more than 9 and up to 15 delivery years; or on any other generating CMU or unproven demand side response CMU to be eligible to bid for a capacity obligation for a period of more than 3 and up to 15 delivery years; ; (iii) after the definition of “auction target capacity”, insert— ; and “declared low carbon CMU”, “new build CMU”, “refurbishing CMU”, and “three year zero capex threshold CMU” have the meaning given in the Rules. .
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