Amendments to Electricity Supplier Obligation Regulations to implement power CCUS Dispatchable Power Agreement business model
We're seeking views on proposed amendments to The Contracts for Difference (Electricity Supplier Obligations) Regulations 2014, to enable payments under the Dispatchable Power Agreement (power CCUS).
Update: 12 March 2024
This consultation originally ran from 4 December 2023 to 29 January 2024.
We have reopened it for an additional 28 days because the consultation-stage Impact Assessment was omitted in the original.
If you responded to the original consultation, you do not need to re-submit your response unless you want to comment on the consultation-stage Impact Assessment.
This consultation seeks views on proposed amendments to The Contracts for Difference (Electricity Supplier Obligations) Regulations 2014. The amendments will enable the electricity supplier obligation levy to be charged for payments under the Dispatchable Power Agreement (DPA), that will support deployment of power carbon capture, usage and storage (power CCUS).
The consultation will be of interest to anyone with an interest in the development of CCUS policy, including:
- consumer groups
- devolved administrations and local government
- investors and developers involved in potential CCUS projects
- the industrial and energy sectors more widely
- NGOs and other organisations with an interest in climate and energy
- electricity traders and suppliers
However, any organisation or individual is welcome to respond.