The Contracts for Difference (Allocation) Regulations 2014

These Regulations are made further to the powers contained in Chapter 2 (contracts for difference) of Part 2 (electricity market reform) of the Energy Act 2013 (c. 32)(“the Act”). Parts 2 to 9 provide for the circumstances under which CFD notifications (defined in section 12(1) of the Act) may be given in respect of a contract for difference (defined in section 6(2) of the Act and referred to in Chapter 2 of Part 2 of the Act and these Regulations as a “CFD”). Part 10 provides for the circumstances in which the Secretary of State may direct a CFD counterparty (see section 7 of the Act) to offer to contract with a person in respect of a CFD. Except for Part 10, these Regulations do not extend to Northern Ireland.