commission for regulation of utilities

  • Low carbon generation

    PSO Levy 2022/23: RESS to the Rescue

    This week we look at how renewable generation is putting money back in consumers’ pockets - a trend which, based on the power price forecast from our All-Island Forward Curve report, is expected to continue until 2027. Last week the Commission for Regulation of Utilities (CRU) published their final decision...

  • Regulation and policy

    Getting RESStless: ECP-2 proposed decision

    The process of applying for grid connections in Ireland has changed under the ECP process, allowing policymakers to prioritise certain projects. The first stage, ECP-1 occurred in 2018 and now the Commission for Regulation of Utilities (CRU) have published the Enduring Connection Policy Stage 2, or ECP-2 proposed decision. This week...

  • Home supply and services

    The end of the beginning: Domestic market share

    With switching rates relatively low (3% for electricity in Q318) and incumbent players still comfortably dominating the markets, you could be forgiven for thinking little is set to change in the Irish domestic supply markets. But we believe a closer look at the regulator’s latest market share figures, with an...

  • Home supply and services

    The game is afoot – electricity consumption

    Over the last four years, the energy supply markets have been subject to change on a variety of fronts. Looking specifically at the small business market, Commission for Regulation of Utilities (CRU) data shows that overall electricity consumption in this sector has risen, up almost 3% over the four-year period...

  • Home supply and services

    Domestic electricity switching – More than Meets the Eye?

    Avid readers of Cornwall Insight Ireland’s blog will have seen last week our analysis on how switching rates could be impacted by new house registrations. In this week’s blog, we expand on this theme to look at other potential factors influencing electricity switching, namely how the price of tariffs offered...

  • Home supply and services

    We built this city: new registrations, a segment emerges

    Valentine’s Day saw the publication of the Irish quarterly retail market report by the Commission for Regulation of Utilities (CRU), which noted 11 price increases over the course of 2018. It is an opportune time to consider a potential source of future competition: new residential dwellings. This week’s blog looks...

  • Energy storage and flexibility

    Local hero: constraints and security of supply

    Security of supply is back on the agenda. Last week saw the Commission for Regulation of Utilities (CRU) publish its Electricity Security of Supply Report 2018. Replicating the analysis from the long-awaited All-Island Generation Capacity Statement 2018-2027 (GCS), it showed Ireland facing potential deficits within the next 6-9 years. The very same...

  • Low carbon generation

    Relight my fire: liquidity in the Irish PPA market

    Previously we explored how the Irish Power Purchase Agreement (PPA) market is evolving in response to the I-SEM. We have extensively researched this market to understand PPA pricing, competition and contract structuring. This culminated in the release of our inaugural Irish PPA market report in July. However, overall market share...

  • Low carbon generation

    Crossing the streams – how much do wholesale prices impact Irish interconnector flows?

    The Commission for Regulation of Utilities (CRU) is considering whether the proposed Greenlink interconnector is in the public interest and, if so, what regulatory regime should underwrite, or partially underwrite it. The CRU expects a subsequent application from the Celtic Interconnector also. This week’s blog examines how much the difference in wholesale...

  • Power and gas networks

    Sunblock: Solar & Irish connection policy

    The forthcoming decision of the Commission for Regulation of Utilities (CRU) on stage 1 of its Enduring Connection Policy (ECP-1) will shape the future Irish generation portfolio. The draft ECP-1 document, published in November 2017, sets out how the CRU proposes to allocate electricity connections following Gate 3 – an...

  • Low carbon generation

    CRM auction: age isn’t everything

    Media reports in Ireland and Northern Ireland are raising concerns over the possibility of power plant closures. The threatened shutdowns arise due to the outcome of the T-1 Capacity Remuneration Mechanism (CRM) auction. The closures may commence as early as May 2018 if the coverage is to be believed. How...