Moved by
Lord Oxburgh
51C: After Clause 136, insert the following new Clause—
Gas capacity
Power to make gas capacity regulations
(1) The Secretary of State may by regulations make provision for the purpose of providing capacity to meet the demands of consumers for the supply of gas in Great Britain.
(2) Regulations under this section are referred to in this Chapter as “gas capacity regulations”.
(3) In subsection (1) “providing capacity” means facilitating and promoting the provision and use of gas storage infrastructure to secure the availability of gas at prices which are lower and more stable insofar as is reasonably practicable and mitigating the consequences of gas supply interruption.
(4) The provision that may be made in gas capacity regulations includes, but is not limited to, the provision described in this Chapter.”