Decision Paper on the revenue recovery principles for SEMO and the designated NEMO (SEMOpx) from I-SEM go-live

05 July 2017

The Regulatory Authorities have today, 5th July 2017, published a Decision Paper on the revenue recovery principles for SEMO and the designated NEMO (SEMOpx) from I-SEM go-live.

This paper outlines decisions made in relation to the recovery principles specific to the price control for SEMOpx, as the designated NEMO for the I-SEM. These principles relate to the price control for SEMOpx up to the end of it’s designation in 2019. A number of potential options for future revenue regulation are also discussed in the paper.

Decisions in relation to a review of the revenue recovery principles that underpin SEMO are also outlined in this paper, as many of the functions of the market operator will change between SEM and I-SEM.

Seven responses were received for the consultation paper published on the 4th of April 2017. These responses are also published alongside this paper.

 

Consultation Paper

The Regulatory Authorities have today, 4th April 2017, published a consultation paper on the revenue recovery principles paper for SEMO and SEMOpx from I-SEM go-live. This paper covers recovery principles specific to SEMOpx , as the designated NEMO for the I-SEM as well as a review of the revenue recovery principles that underpin SEMO, as the market operator.

Responses to this consultation paper are invited from interested parties up to COB 16th May 2017. Responses in electronic form are preferred and may be sent to Gina Kelly gkelly@cer.ie and Joe Craig  Joe.Craig@uregni.gov.uk