Directed Contract Information Note - Quarterly Round 20
Today, Wednesday 15th March 2017, the Regulatory Authorities (RAs) publish an Information Paper on the quantities and prices for the "Round 20” offerings of Directed Contracts (DCs), covering the period Q3 to Q4 2017 inclusive.
Directed Contracts are a part of the RAs market power mitigation strategy to ensure that the benefits associated with the SEM are not undermined by the abuse of market power. The purpose of these contracts is to remove the incentive on ESB Power Generation and Power NI Power Procurement Business to attempt to profit from the use of market power.
Supplier eligibility for DCs will be communicated by the Regulatory Authorities to each relevant supplier and to the seller (ESB) separately.
Please note that the forthcoming Primary DC Subscription Window will commence on Tuesday 21st March 2017.
For further information please contact either John Lynch (jlynch@cer.ie) or Grainne Black (gblack@cer.ie) at the CER or Kevin Baron (Kevin.Baron@uregni.gov.uk) at the Utility Regulator.