The Electricity Supplier Payments (Amendment) Regulations 2022
| Jurisdiction | UK Non-devolved |
| Citation | SI 2022/401 |
2022 No. 401
Electricity
The Electricity Supplier Payments (Amendment) Regulations 2022
Made 29th March 2022
Coming into force in accordance with regulation 1(2)
The Secretary of State has before making these Regulations—
(a) consulted the persons listed in sections 24(1)(a) to (g) and 40(2)(a) and (b) of the Energy Act 20131(“the 2013 Act”) and such other persons as the Secretary of State considered it appropriate to consult; and
(b) had regard to the matters in section 5(2) of the 2013 Act.
The Secretary of State, in exercise of the powers conferred by sections 6(1) and (6), 9(1) and (2), 27, 30, and 40(1) of the 2013 Act, makes the following Regulations.
In accordance with sections 6(8) and 40(5) of the 2013 Act, a draft of this instrument was laid before Parliament and approved by a resolution of each House of Parliament.
Citation and commencement
1.—(1) These Regulations may be cited as the Electricity Supplier Payments (Amendment) Regulations 2022.
(2) These Regulations come into force on the day after the day on which these Regulations are made, except for regulation 2 which comes into force on 1st April 2022.
Amendment to the Contracts for Difference (Electricity Supplier Obligations) Regulations 2014
2. In paragraph (7)(a) of regulation 23 of the Contracts for Difference (Electricity Supplier Obligations) Regulations 20142—
(a) omit paragraph (i);
(b) renumber paragraph (ii) as paragraph (i);
(c) in paragraph (i) as so renumbered, omit “or during any subsequent operational cost period; and”; and
(d) after paragraph (i) as so renumbered, insert—
“
(ii)
(ii) 0.0879 per megawatt hour for any day during the operational cost period that begins on 1st April 2022;
(iii)
(iii) 0.0994 per megawatt hour for any day during the operational cost period that begins on 1st April 2023;
(iv)
(iv) 0.1089 per megawatt hour for any day during the operational cost period that begins on 1st April 2024 or during any subsequent operational cost period; and
Amendments to the Electricity Capacity (Supplier Payment etc.) Regulations 2014
3.—(1) In paragraph (2) of regulation 9 of the Electricity Capacity (Supplier Payment etc.) Regulations 20143for “£7,472,000 where year Y is the relevant financial year commencing in 2021 or...
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