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Capacity Remuneration Mechanism
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Commercial and market outlook
Editor’s Pick | Is ESB’s market dominance still a concern?
The Electricity Supply Board (ESB). It doesn’t take too long venturing into the Irish energy sector before one encounters this company. Founded in 1927, the former monopoly provider was responsible for rural electrification in 1946. ESB group companies own the network and participate in generation and supply markets. In the...
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Low carbon generation
Are you gonna go my way? | SEMC consults on changes to T-4 capacity auction
On 14 May the SEM Committee (SEMC) published a consultation on the Capacity Renumeration Mechanism (CRM) focusing on interim arrangements, updating auction design and specific parameters for the first T-4 auction for capacity year 2022-23. It is an important document for potential bidders into the March 2019 auction as, if...
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Low carbon generation
Eirgrid and DS3 – a lot done, more to do
On 29 March Eirgrid published its long-awaited consultation on the Delivering a Secure, Sustainable Electricity System (DS3) System Services Volume Capped Competitive Procurement. It provided some welcome detail on the next steps for DS3, but there are residual questions outstanding which make it difficult for current investors to ascertain risks...
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Power and gas networks
With or without you – the Ireland and GB gas systems
On 1 March 2018 National Grid issued a Gas Deficit Warning (GDW) for the GB market due to the predicted supply and demand imbalance. Ireland can hardly be a passive observer when it comes to the GB gas market given the interconnection and market flows. The Island of Ireland and...
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Low carbon generation
Capacity Remuneration Mechanism in Ireland
Energy Spectrum Ireland comment On 20 December 2017 EirGrid and SONI published the provisional Capacity Auction results for the 2018-19 Capacity Remuneration Mechanism (CRM) T-1 auction, held on the 15th December 2017. Subject to approval the Regulatory Authorities, the final results at a Capacity Market Unit level will be published...
