Closed consultation

Amendments to Electricity Supplier Obligation Regulations to implement power CCUS Dispatchable Power Agreement business model

From:
Department for Energy Security and Net Zero
Published
4 December 2023
Last updated
12 March 2024 — See all updates

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Summary

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).

This consultation ran from
to

Consultation description

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.

Read our consultation privacy notice.

Documents

Amendment to ESO Regulations: consultation on the implementation of the CCUS Dispatchable Power Agreement business model

PDF, 379 KB, 26 pages

Implementation method for the Dispatchable Power Agreements (DPA) financial model: impact assessment

PDF, 298 KB, 16 pages

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Published 4 December 2023
Last updated 12 March 2024 + show all updates

  1. We are rerunning this consultation 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.

  2. First published.