The Electricity Market Reform (General) Regulations 2014
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Change 1
12D Application for sustainable industry reward implementation statements
(1) Where the Secretary of State has provided, and not withdrawn, a sustainable industry reward statement in respect of a generating station that is the subject of a CFD, the generator party (the “generator party applicant”)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 met the financial minimum standards.
12D Application for sustainable industry reward implementation statements
(1) Where the Secretary of State has provided, and not withdrawn, a sustainable industry reward statement in respect of a generating station that is the subject of a CFD, the generator party (the “generator party applicant”)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 met the financial minimum standards.
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