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The Contracts for Difference (Sustainable Industry Rewards) Regulations 2024

United Kingdom · regulation

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In force since 2024-05-23, as the publisher states.

Copy read on 2026-11-10. The page it was read from

Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

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Contents: 71 provisions

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71 provisions

40 Amendment to regulation 37 (provision of audit report to the Secretary of State)

In regulation 37(1)(b)(ii), for “allocation process” substitute “contract allocation process”.

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41 Amendment to regulation 38 (proceeding, re-running an allocation process or terminating an allocation round)

In regulation 38— (a) in the heading, for “an allocation process” substitute “a contract allocation process”; (b) in paragraph (1)(a)(i), for “allocation process” substitute “contract allocation process”.

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42 Amendment to regulation 39 (re-running an allocation process)

In regulation 39— (a) in the heading, for “an allocation process” substitute “a contract allocation process”; (b) in paragraphs (2)(a) and (3), for “allocation process” substitute “contract allocation process”; (c) in paragraph (3), for “allocation framework” substitute “contract allocation framework”.

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43 Amendment to heading of Chapter 5 of Part 5 (delay and re-running the allocation process)

In the heading of Chapter 5 of Part 5, for “allocation process” substitute “contract allocation process”.

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44 Amendment to regulation 40 (delay after completion of allocation processes)

In regulation 40— (a) in the heading, for “allocation processes” substitute “contract allocation processes”; (b) in each place where it occurs, for “allocation process” substitute “contract allocation process”; (c) in paragraph (4), for “allocation framework” substitute “contract allocation framework”.

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45 Amendment to regulation 42 (timing and content of CFD notifications and notices)

In regulation 42(3)(b), for “allocation framework” substitute “contract allocation framework”.

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46 Amendment to regulation 49 (application of Part 8)

In regulation 49(1)(b), for “allocation process” substitute “contract allocation process”.

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47 Amendment to regulation 50 (strike price bids)

In regulation 50— (a) in paragraph (1), for “allocation framework” substitute “contract allocation framework”; (b) in both places where it occurs, for “allocation process” substitute “contract allocation process”.

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48 Amendment to regulation 51 (successful applications determined by the Authority)

In regulation 51— (a) in each place where it occurs, for “allocation process” substitute “contract allocation process”; (b) in each place where it occurs, for “allocation framework” substitute “contract allocation framework”; (c) in paragraph (9), for “overall budget” substitute “contract budget”.

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49 Amendment to regulation 54 (allocation reports)

In regulation 54— (a) in paragraph (2)(d)(ii), for “allocation framework” substitute “contract allocation framework”; (b) in paragraph (3), for “allocation process” substitute “contract allocation process”.

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50 Amendment to regulation 55 (enforcement)

In regulation 55, for “an allocation framework” substitute “a contract allocation framework”.

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51 Amendment to Schedule 1 (information in support of applications)

In Schedule 1— (a) in paragraph 3(d), for “allocation framework” substitute “contract allocation framework”; (b) in paragraph 5, for “allocation framework” substitute “contract allocation framework”.

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52 Amendment of the Electricity Market Reform (General) Regulations 2014

The Electricity Market Reform (General) Regulations 2014 are amended as follows.

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53 Amendment to regulation 2 (interpretation)

In regulation 2— (a) in the definition of “generator party applicant”, for “has the meaning given in regulation 12A(1)” substitute “means a generator party identified in regulation 12A(1) or 12D(1)”; (b) in the definitions of “supply chain implementation statement” and “supply chain statement”, after “development” insert “and sustainability”; (c) after the definition of “sustainability obligations”, insert— “sustainable industry reward implementation application” means an application under regulation 12D(1) for a sustainable industry reward implementation statement; “sustainable industry reward implementation statement” means a statement provided by the Secretary of State under regulation 12F(1)(a) or (3)(a); “sustainable industry reward statement” has the meaning given in regulation 2(1) of the Contracts for Difference (Allocation) Regulations 2014; .

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54 Amendment to heading of Part 3 (Supply chain statements and documents)

In the heading of Part 3 omit “and documents”.

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55 Amendment to regulation 9 (application for supply chain statements)

In regulation 9— (a) in paragraph (3)(b), after “development” insert “and sustainability”; (b) at the end of paragraph (4)(c), omit “and”; (c) at the end of paragraph (4), insert— ; and (e) increasing the sustainability of supply chains, in particular— (i) increasing the long-term economic sustainability of supply chains; (ii) minimising the negative environmental impacts of supply chains; and (iii) delivering benefits to the communities in which supply chains operate. .

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56 Amendment to regulation 10 (particulars of supply chain applications)

In regulation 10, in paragraphs (1)(c)(i) and (2)(a), after “development” insert “and sustainability”.

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57 Amendment to regulation 12A (application for supply chain implementation statements)

In regulation 12A(2)(c), after “development” insert “and sustainability”.

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58 Amendment to regulation 12B (particulars of supply chain implementation applications)

In regulation 12B, in paragraphs (1)(d)(i) and (2)(a), after “development” insert “and sustainability”.

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59 Insertion of Part 3A (sustainable industry reward implementation statements)

After regulation 12C insert— Part 3A Sustainable industry reward implementation statements Application for sustainable industry reward implementation statements 12D (1) Where the Secretary of State has provided, and not withdrawn, a sustainable industry reward statement in respect of a generating station that is the subject of a CFD, the generator party (the “generator party applicant”) may apply for a sustainable industry reward implementation statement by submitting a sustainable industry reward implementation application to the Secretary of State. (2) The Secretary of State must not provide a sustainable industry reward implementation statement unless the Secretary of State is satisfied that— (a) the generator party applicant is the generator party in respect of the generating station; and (b) the generator party applicant has, fully or partially, fulfilled the obligations set out in the sustainable industry reward statement. Particulars of sustainable industry reward implementation applications 12E (1) A sustainable industry reward implementation application must— (a) identify the generating station; (b) demonstrate that the generator party applicant has, fully or partially, fulfilled the obligations in the sustainable industry reward statement; (c) describe how the generating station is being established or altered; (d) include the information necessary in support of the matters in sub-paragraphs (a) to (c). (2) A generator party applicant must— (a) identify any information included in, or in support of, a sustainable industry reward implementation application or otherwise provided to the Secretary of State in relation to the generating station to support the development and sustainability of supply chains which the generator party applicant considers is commercially confidential; and (b) where such information is identified, provide reasons why the generator party applicant considers that disclosure of that information (other than to the Secretary of State for the purposes of deciding whether to provide or refuse a sustainable industry reward implementation statement) may damage the commercial interests of the generator party applicant or another person. (3) A generator party applicant must provide to the Secretary of State such additional information as the Secretary of State may require for the purpose of considering a sustainable industry reward implementation application. Providing sustainable industry reward implementation statements 12F (1) The Secretary of State must as soon as practicable after a sustainable industry reward implementation application is received by the Secretary of State give a notice to the generator party applicant which includes— (a) a sustainable industry reward implementation statement which states the extent to which the generator party applicant has fulfilled the obligations set out in the sustainable industry reward statement; or (b) a refusal to provide a sustainable industry reward implementation statement which states the extent to which the generator party applicant has failed to meet the minimum standards of contribution to the development and sustainability of supply chains, as set out in the sustainable industry reward allocation framework (within the meaning of regulation 2(1) of the Contracts for Difference (Allocation) Regulations 2014). (2) Paragraph (3) applies where the Secretary of State is satisfied that— (a) a sustainable industry reward implementation statement contains an error; or (b) the information provided by a generator party applicant in, or in support of, a sustainable industry reward implementation application was materially incorrect. (3) Where this paragraph applies, the Secretary of State— (a) may revise the sustainable industry reward implementation statement and, as soon as practicable after doing so, must give a notice to the generator party which includes the matters mentioned in paragraph (1)(a); or (b) may withdraw a sustainable industry reward implementation statement and, as soon as practicable after deciding to do so, must give a notice to the generator party which includes the matters mentioned in paragraph (1)(b). Part 3B Confidentiality (Parts 3 and 3A) and documents .

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60 Amendment to regulation 13 (confidentiality)

In regulation 13— (a) in paragraph (1)— (i) after “supply chain implementation statement” insert “or a sustainable industry reward implementation statement”; (ii) after “development” insert “and sustainability”; (iii) at the end of sub-paragraph (b)(i) insert “or”; (iv) omit sub-paragraph (b)(iii); (b) in paragraph (2)— (i) for “or a supply chain implementation statement” substitute “, a supply chain implementation statement or a sustainable industry reward implementation statement”; (ii) after “development” insert “and sustainability”.

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61 Amendment to regulation 17 (investment contracts)

In regulation 17(2), for “Part 3” substitute “Parts 3 and 3A”.

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62 Amendment of the Contracts for Difference (Definition of Eligible Generator) Regulations 2014

The Contracts for Difference (Definition of Eligible Generator) Regulations 2014 are amended as follows.

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63 Amendment to regulation 3 (definition of eligible generator)

In regulation 3(4B)(g), for “Part 3” substitute “Parts 3 to 3B”.

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64 Amendment of the Contracts for Difference (Standard Terms) Regulations 2014

The Contracts for Difference (Standard Terms) Regulations 2014 are amended as follows.

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65 Amendment to regulation 2 (interpretation)

In regulation 2— (a) omit the definition of “allocation round notice”; (b) after the definition of “applicant” insert— “application window notice” has the meaning given in regulation 5(1); .

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66 Amendment to regulation 3 (provision to be included in standard terms)

In regulation 3(1), after sub-paragraph (j) insert— (ja) which circumstances will allow for a payment under a CFD to be adjusted by reference to the generator’s fulfilment, or non-fulfilment, of the obligations set out in a sustainable industry reward statement (within the meaning of regulation 2(1) of the Contracts for Difference (Allocation) Regulations 2014); .

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67 Amendment to regulation 5 (application to modify the standard terms)

In regulation 5— (a) in paragraph (1), for “an allocation round (“an allocation round notice”)” substitute “an application window (“an application window notice”)”; (b) in paragraph (2), for “allocation round notice” substitute “application window notice”.

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68 Amendment to regulation 6 (modification of the standard terms)

In regulation 6(2), for “allocation round notice” substitute “application window notice”.

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69 Amendment to regulation 7 (minor modification)

In regulation 7(6) for “allocation round notice” substitute “application window notice”.

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70 Amendment to regulation 9 (preparation of a CFD)

In regulation 9— (a) in paragraph (1), for “allocation round notice” substitute “application window notice”; (b) in paragraph (2B), for “commencement date stated in the allocation round notice” substitute “date specified in an application window notice as the first date on which an application for a CFD may be made”.

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