The Carbon Dioxide Transport and Storage Revenue Support (Directions and Counterparty) Regulations 2024
These Regulations make provision in connection with the offering by a carbon dioxide transport and storage counterparty designated under section 59(1) of the Energy Act 2023 (“the Act”) of contracts for carbon dioxide transport and storage (referred to in section 59(2) of the Act as “carbon dioxide transport and storage revenue support contracts”). Such contracts must be offered following a direction from the Secretary of State pursuant to section 60(1) of the Act.