The Carbon Capture Revenue Support (Directions, Eligibility and Counterparty) Regulations 2024
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3 Meaning of “eligible” in relation to a carbon capture entity
(1) For the purposes of section 68(4) of the Act, this regulation defines “eligible” in relation to a carbon capture entity that carries on (or is to carry on) in the United Kingdom, with a view to the storage of carbon dioxide, activities of capturing carbon dioxide (or any substance consisting primarily of carbon dioxide) that has been produced by commercial or industrial activities. (2) A carbon capture entity falling within paragraph (1) is, for the purposes of Chapter 1 of Part 2 of the Act, an eligible carbon capture entity if it is not an excluded carbon capture entity.
3 Meaning of “eligible” in relation to a carbon capture entity
(1) For the purposes of section 68(4) of the Act, this regulation defines “eligible” in relation to a carbon capture entity that carries on (or is to carry on) in the United Kingdom, with a view to the storage of carbon dioxide, activities of capturing carbon dioxide (or any substance consisting primarily of carbon dioxide) that has been produced by commercial or industrial activities. (2) A carbon capture entity falling within paragraph (1) is, for the purposes of Chapter 1 of Part 2 of the Act, an eligible carbon capture entity if it is not an excluded carbon capture entity.
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