- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made).
21.—(1) The Delivery Body must, before the start of the prequalification window, publish guidelines for the capacity auction (“auction guidelines”).
(2) The auction guidelines must contain—
(a)the provisional date on which the capacity auction is to start;
(b)details of how to apply to prequalify to bid in the capacity auction;
(c)the timetable for submission and determination of applications, which must in particular include the closing date for submission of applications;
(d)the auction parameters;
(e)the de-rating factor for each generating technology class, as determined by the Delivery Body under capacity market rules; and
(f)such other information as may be—
(i)required by capacity market rules; or
(ii)directed by the Secretary of State or the Authority.
(3) The Delivery Body must, not less than 3 weeks before the date specified under paragraph (2)(a), publish a final version of the auction guidelines which contains—
(a)the date on which the capacity auction is to start; and
(b)any changes made to the auction parameters under regulation 13.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: