Single Electricity Market Fundamentals

Essential training on the Single Electricity Market arrangements

Discover how the Single Electricity Market (SEM) works across the island of Ireland. Our experts will break down the structure of the wholesale electricity market, the key timelines for trading, and the mechanisms that shape pricing and market trends.

We’ll also explore how Transmission System Operators (TSOs) keep the system balanced, explain the operation of the Capacity Remuneration Mechanism, and provide insight into upcoming changes to SEM arrangements.

The objectives of this course

• Understanding all elements of the Single Electricity Market, including energy trading, system services and capacity markets

• The regulatory and commercial framework that underpins SEM

• How electricity is traded over different time horizons

• Key wholesale market trading concepts

• How TSO balancing activity occurs after market closure

• What the Capacity Remuneration Mechanism is intended to achieve and how it works

• Key challenges for SEM and the outlook

Who is it for?

• Electricity suppliers

• Electricity traders

• Renewable electricity generators

• Dispatchable generators

• Regulatory specialists

• Energy market advisors

What to expect?

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