PART 2

Electricity Market Reform
CHAPTER 9

Miscellaneous

Review of certain provisions of Part 2
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1
As soon as reasonably practicable after the end of the period of 5 years beginning with the day on which this Act is passed, the Secretary of State must carry out a review of the provisions of the following Chapters of this Part—
a
Chapter 2 (contracts for difference);
b
Chapter 3 (capacity market);
c
Chapter 5 (conflicts of interest and contingency arrangements);
d
Chapter 6 (access to markets);
e
Chapter 7 (the renewables obligation: transitional arrangements);
f
Chapter 8 (emissions performance standard).
2
The Secretary of State must set out the conclusions of the review in a report.
3
The report must, in particular—
a
set out the objectives of the provisions of each Chapter subject to review,
b
assess the extent to which those objectives have been achieved, and
c
assess whether those objectives remain appropriate and, if so, the extent to which those objectives could be achieved in a way that imposes less regulation.
4
The Secretary of State must lay the report before Parliament.