63 Designation of hydrogen storage counterparty
Energy Act 2023 (2023 c 52) | Legislation

Hydrogen storage

63  Designation of hydrogen storage counterparty

(1)     The Secretary of State may by notice given to a person designate the person to be a counterparty for hydrogen storage revenue support contracts.

(2)     A “hydrogen storage revenue support contract” is a contract to which a hydrogen storage counterparty is a party and which was entered into by a hydrogen storage counterparty in pursuance of a direction given to it under section 64(1).

(3)     A person designated under subsection (1) is referred to in this Chapter as a “hydrogen

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