UK Statutory Instrument SI 2014/2511 United Kingdom

The Power Purchase Agreement Scheme Regulations 2014

Read it on legislation.gov.uk (opens in a new tab)
Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Any Person1

Plus 1 duty on the regulator, Crown ministers and public bodies — folded into the section list below.

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Any Person — also bound by 2340 other Acts

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

sch. para. 3 Errors or omissions in information submitted by eligible generator Regulated
  • Respond to Authority notices about errors in your auction project informationAny Person
s.003 Standard terms of BPPAs Regulated
Other duties (1) — Crown / regulator
  • Secretary of State must issue and publish standard BPPA termsCrown / Minister / Government department
42 other provisions — procedural and definitional
s.001 Citation and commencement
s.001 One auction in respect of each eligible generator (opens in a new tab)
s.002 Interpretation
s.002 Close of the auction period (opens in a new tab)
s.004 Number of BPPAs subject to an auction held in respect of an eligible generator
s.004 Single BPPA subject to an auction (opens in a new tab)
s.005 Sending expressions of interest to all licensed suppliers
s.005 Determining the successful bid (opens in a new tab)
s.006 Determination as to whether electricity generator meets eligibility requirements
s.006 Reserve bids (opens in a new tab)
s.007 OLR notice in respect of an eligible generator
s.007 Consideration of reserve bids (opens in a new tab)
s.008 Period for taking steps required by regulations 6 and 7
s.008 Multiple (opens in a new tab)
s.009 Circumstances before issue of OLR notice in which no BPPA is to be entered into
s.009 Determining the successful bid: multiple BPPA auction (opens in a new tab)
s.010 Circumstances after issue of OLR notice in which no BPPA is to be entered into
s.010 Reserve bids: multiple BPPA auction (opens in a new tab)
s.011 Auction process for selecting a licensed supplier in respect of a BPPA
s.011 Consideration of reserve bids: multiple BPPA auction (opens in a new tab)
s.012 Requirement to participate in auctions held in an OLR year
s.012 Publishing the outcome of an auction (opens in a new tab)
s.013 Modification of certain deadlines in exceptional circumstances
s.014 CFD Counterparty to provide information requested by the Authority
s.015 Licensed suppliers to provide information requested by the Authority
s.016 Records to be maintained by the Authority
s.017 Annual reports
s.018 OLR levelisation
s.019 Calculations required for purposes of this Part
s.020 Annual levelisation payments
s.021 Periodic levelisation payments
s.022 Notice of levelisation payments
s.023 Payments by the Authority
s.024 Levelisation correction
s.025 Trigger for OLR mutualisation
s.026 OLR mutualisation
s.027 Termination of supply licence
s.028 Late payments
s.029 Enforcement
s.030 Publication of guidance
s.031 Reviews by Secretary of State
s.032 Notices etc

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.