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SEM Committe
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Low carbon generation
Ch-ch-changes – demand side and the Capacity Remuneration Mechanism
This week saw the release of the SEM Committee (SEMC) decision on T-1 2019/20 Capacity Auction Parameters and Enduring De-rating Methodology (SEM-18-030). This was then followed up by SEM-O releasing the Initial Auction Information Pack and qualification pack for the December auction. The first Capacity Remuneration Mechanism (CRM) took place...
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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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Commercial and market outlook
I -SEM go-live date delayed until 1 October
The SEM Committee (SEMC) announced today (17 April) that the go-live date for the Integrated Single Electricity Market (I-SEM) has been pushed back until 1 October 2018. I-SEM is the new wholesale electricity market arrangement for Ireland and Northern Ireland, designed to integrate the all-island electricity market with European electricity...
