Directed Contracts: Notification to Market Participants Regarding Round 20

24 August 2022

Directed Contracts: Notification to Market Participants Regarding Round 20   

Today, Wednesday, 24th August 2022, the Regulatory Authorities (RAs) are publishing a notification of their decision to postpone the consultation process previously committed to, and implement the amendments outlined in SEM-22-017 in the forthcoming DC Round 20. Acknowledging the SEM Committee’s intention to hold a consultation following the completion of DC Round 19, the RAs note the consultation process will instead be held following the completion of DC Round 20, to allow the timely commencement of DC Round 20 and allow additional time for a  consultation process. The RAs emphasise their decision is to postpone, rather than cancel, the consultation process.

DCs in Round 20 will cover quarterly segments for the periods: Q1 2023, Q2 2023, Q3 2023 and Q4 2023. The DC Round 20 Primary Subscription Window will be held from; Tuesday 20th September 2022 until Thursday 22nd September 2022 and Tuesday 27th September 2022 – Thursday 29th September 2022 inclusive. The associated Round 20 Supplemental Subscription Window will be held on Thursday 6th October 2022.

For further information please contact the Market Modelling Group  (mmg@cru.ie) at the CRU or Kevin Baron (kevin.Baron@uregni.gov.uk) at the Utility Regulator.