Governance and Licensing

The I-SEM and the European Regulations that underpin it will require a number of new roles and responsibilities.  It will also require changes in the responsibilities of a number of existing licence holders in the SEM including the TSOs, interconnector owners and market participants.

A key deliverable of the Governance and Licensing work stream is the designation of a Nominated Electricity Market Operator (NEMO) and governance arrangements for this.  There will also be governance and licence changes required to implement the new Capacity Mechanism.

Decision on I-SEM roles and responsibilities

Decision on NEMO Designation:

Decision on Assignment of TSO Obligations under CACM: