The Carbon Capture Revenue Support (Directions, Eligibility and Counterparty) Regulations 2024 (2024 No. 688).

These Regulations make provision in connection with the offering by a carbon capture counterparty designated under section 67 of the Energy Act 2023 (“the Act”) of contracts for the capture of carbon dioxide by eligible carbon capture entities (referred to in the Act as “carbon capture revenue support contracts”). Such contracts must be offered following a direction from the Secretary of State pursuant to section 68(1) of the Act. Regulation 3 clarifies that eligible carbon capture entities are those entities where the carbon dioxide (or substance consisting primarily of carbon dioxide) has been produced by commercial or industrial activities.