Regulatory Framework for NEMO from October 2022

Regulatory Framework for NEMO from October 2022

The CRU and UR are today, 15 July 2022, publishing a joint Consultation Paper on the regulatory framework for Nominated Electricity Market Operators (NEMOs) from October 2022. 

The purpose of this joint UR-CRU Consultation Paper is to outline options for a framework for future regulation of NEMOs in Ireland and Northern Ireland during the next phase of regulation from 3 October 2022. This follows on from on the same topic.

Respondents are invited to provide their opinion on the joint RA proposal to switch the NEMO designation period from 3 years, as set in SEM-19-019, to an enduring basis. Then, some commentary is provided on the issue of price control for NEMOs.

Consultation responses can be sent to afitzpatrick@cru.ie and leigh.greer@uregni.co.uk by COB on 12 August 2022.