Jurisdiction: United Kingdom
Commencement: 23rd July 2025
Amends: Energy Act 2013 (2013 c.32) with commencement Order and associated Regulations
Mini Summary
The Energy Act 2013 (2013 c.32) sets out the legislative framework that the Government will make Regulations from in the coming years to ensure that the UK will generate enough secure, affordable and low-carbon energy to meet increasing demand. As well as cost and capacity issues, these forthcoming policies also consider the UK’s Climate Change Act 2008 commitments and legally-binding EU renewables targets. The Act introduces Contract for Difference, a key part of the Electricity Market Reform (EMR) programme.
Duties
Various duties apply and are available to view on the Legislation Update Service.
Amendment
A capacity provider is able to exit their capacity market agreement only if they wish to access a Dispatchable Power Agreement (DPA) for gas generation with carbon capture and storage (power CCUS) instead. Power CCUS is included as a Contracts for Difference.