The Utility Regulator and the Commission for Energy Regulation (the Regulatory Authorities - RAs) today publish consultation proposals relating to the Single Electricity Market Operator (SEMO) price control. The price control will determine SEMO’s revenue requirement which is recovered through the annual all-island Market Operator tariffs.
The consultation paper includes proposals on the form of regulation for SEMO in respect of operational expenditure and capital expenditure, together with incentives such as key performance indicators.
Comments are invited on all aspects of the price control by 17.00 on Friday 24 May 2013. All responses should be directed to Karen Shiels, using the contact details below, preferably in electronic format. A decision paper on this issue is due to be approved late July and the RAs would expect to publish shortly afterwards.