13.—(1) [F1Subject to paragraph (1A),] after the Secretary of State receives a notification from the Delivery Body under regulation 23, the Secretary of State may decide to adjust any of the auction parameters for the capacity auction to which the notification relates.
[F2(1A) If the Secretary of State adjusts the auction parameter referred to in regulation 11(1)(b) (auction target capacity) for a T-1 auction, that auction target capacity must remain equal to or greater than 50% of the T-1 auction set aside if previously determined under regulation 12(2A)(b) for that T-1 auction and delivery year.]
(2) The Secretary of State must make any decision under paragraph (1), and give notice of any adjustments to the Delivery Body, within [F310] working days after receiving the notification from the Delivery Body.
[F4(3) In this regulation, “the T-1 auction set aside” has the meaning given in regulation 12(2A)(b).]
Textual Amendments
F1Words in reg. 13(1) inserted (4.7.2020) by The Electricity Capacity (Amendment etc.) (Coronavirus) Regulations 2020 (S.I. 2020/697), reg. 1(2), Sch. 1 para. 4(1)
F2Reg. 13(1A) inserted (4.7.2020) by The Electricity Capacity (Amendment etc.) (Coronavirus) Regulations 2020 (S.I. 2020/697), reg. 1(2), Sch. 1 para. 4(2)
F3Word in reg. 13(2) substituted (14.7.2016) by The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 46