I-SEM Policy Parameters & Scheduling and Dispatch Parameters

12 May 2017

Today, 12 April 2017, the SEM Committee published the Amendments to the Trading and Settlement Code in order implement I-SEM.  The Trading and Settlement Code requires the setting by the Regulatory Authorities (RAs) of a number of parameters.  A consultation was published on 3 February 2017 on parameters covering Credit Cover and Imbalance Settlement. 

This second consultation covers parameters utilised in:

  • the calculation of the imbalance price
  • the scheduling and dispatch process; and
  • the contract refusal process.

The consultation includes two papers on recommended values produced by SEMO and the TSOs. Responses are due by Friday 9 June 2017.

SEM-17-029 Tranche 2 Parameters Draft Consultation (PDF 472 KB)

SEM-17-029a Recommended Values for I-SEM Pricing Parameters (PDF 1.1 MB)

SEM-17-029b Recommended Values for I-SEM Scheduling and Dispatch Parameters (PDF 1.6 MB)