reg 7

Declaration of target

In force

(1)

For the purposes of section 15B(2)(c) of the Act, the Minister may make a declaration prescribing the quantity of long duration dispatchable electricity capacity that the State requires over a specified period (the

Firm Energy Target).

(2)

The Minister may at any time—

(a)

vary the Firm Energy Target; or

(b)

establish a new Firm Energy Target that is to apply in relation to an ensuing specified period.

(3)

The Minister must ensure that the Firm Energy Target is published on a website determined by the Minister.

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