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The Electricity (Applications for Licences and Extensions of Licences) (No. 2) Regulations (Northern Ireland) 2007

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PART IIDOCUMENTS AND PARTICULARS TO ACCOMPANY AN APPLICATION FOR A GENERATING LICENCE

1.  Current statements of the accounts kept by the applicant in respect of any undertaking carried on by him, showing the financial state of affairs of that undertaking and its profit or loss and the statements for the most recent period, together with copies of the latest audited annual accounts where such have been prepared.

2.  An outline statement of the business proposals, for that business of the applicant to which the application relates, for the next five years which includes;

(a)particulars of the person or persons to whom the applicant intends to provide electricity and particulars of the distribution of that electricity, including details of lines to be constructed;

(b)the maximum power (MW) expected to be available from each generating station at any one time and the aggregate power (MW) expected to be available from each generating station during any year, excluding in each case such wattage as is expected to be consumed at the station;

(c)the expected life of each generating station;

(d)for each generating station, the number of generating units and the capacity of each generating unit;

(e)map or maps sufficient to identify the location of all generating stations to which the application relates; and

(f)annual forecasts of costs, sales and revenues and project financing, stating the assumptions underlying the figures provided.

3.  Details of any expected subsequent substantial capital outflows including major decommissioning costs.

4.  Estimates of net annual cash flows for subsequent periods sufficient to demonstrate the financial security and feasibility of the project(s) to which the application relates.

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