106Creation of certificates

106 Creation of certificates

106 Creation of certificates

(1) The scheme rules may make provision about the creation of certificates in relation to an activity, or class of activity, that creates peak demand reduction capacity.

(2) A certificate may be created by an accredited certificate provider, in accordance with the scheme rules, in relation to an activity that creates peak demand reduction capacity.

(3) Subject to the scheme rules, one certificate may be created for an activity that creates peak demand reduction capacity of 0.1 kilowatt averaged over 1 hour.

(4) One certificate may be created for each 0.1 kilowatt averaged over 1 hour on 1 day only within the compliance period.

Example—

An air conditioner is installed that creates the capacity to reduce demand for electricity by an average of 0.2 kilowatt for each of the 6 hours of the peak demand reduction period between 2:30pm and 8:30pm. The installation of the air conditioner will create 12 certificates for the whole compliance period.

(5) A certificate may be created in relation to an activity no later than 6 months after the end of the compliance period in which the peak demand reduction capacity is made available.

(6) The scheme rules may specify—

(a) the date after which an activity must have occurred for a certificate to be created in relation to the activity, and

(b) when peak demand reduction capacity is taken to have been created or made available.

(7) The number of certificates arising from an activity must be calculated in accordance with the scheme rules.

(8) To avoid doubt, an activity may create peak demand reduction capacity in one or more compliance periods.

(9) Regulations may be made in relation to—

(a) the revocation of the cancellation of certificates in connection with an amendment to a scheme participant’s individual liable demand or annual statement, and

(b) the revival of certificates.