Part 2Carbon dioxide capture, storage etc and hydrogen production, transport and storage
Chapter 1Revenue support contracts
Allocation of contracts
74Standard terms of revenue support contracts
1
The Secretary of State may issue standard terms and conditions (“standard terms”) of—
a
hydrogen production revenue support contracts;
b
carbon capture revenue support contracts.
2
The Secretary of State may from time to time revise standard terms.
3
Standard terms issued or revised under this section must be in accordance with provision made in revenue support regulations.
4
The Secretary of State must publish standard terms as issued or revised under this section.
5
In publishing standard terms the Secretary of State may designate particular standard terms as terms that may not be modified under section 78.
6
Different standard terms may be issued for different categories of hydrogen production revenue support contract or carbon capture revenue support contract.