I-SEM Market Parameters for 2020-21

28 August 2020

 

 I-SEM Market Parameters for 2020-21

The Regulatory Authorities, in Northern Ireland and Ireland are today, 27 August 2020 publishing the Market Parameters decision paper.

As required under Trading and Settlement Code Part B, a number of Market Parameters require approval by the SEM Committee each year. These parameters consist of four Tariffs/Charges and one Conversion Rate:

•         Supplier Capacity Charge Price

•         Difference Payment Socialisation Multiplier

•         Residual Error Volume Price

•         Currency Cost Price and Currency Adjustment Charge Factor

•         Annual Capacity Charge Exchange Rate

This paper details the values that will apply for the next tariff year, from 1st October 2020 to 30th September 2021.