SEM Tariffs and Charges Decision Paper for the 2024/25 Tariff Year

As required under Trading and Settlement Code Part B, a number of Market Parameters require approval by the SEM Committee each year. These parameters are:

 

  • 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 sets out the final values to apply for each of these items in the tariff year 1 October 2024 until 30 September 2025.