The Electricity Market Reform (General) Regulations 2014

These Regulations are made further to chapters 2 and 9 of Part 2 of the Energy Act 2013 (c. 32)(“the Act”). Parts 2 and 3 of these Regulations apply to contracts for difference (see section 6(2) of the Act, and where such a contract is referred to as a CFD). Part 4 applies in respect of certain functions of the national system operator acting as the delivery body under Part 2 of the Act.