In order to give effect to the Integrated Single Electricity Market (I-SEM) as contained in decisions of the SEM Committee, the Utility Regulator today publishes a notice of decision and an accompanying decision paper on licence modifications for I-SEM. The modifications are to the Moyle Interconnector Transmission Licence and the decision follows a statutory consultation which was published on 15 December 2017.
The modifications include:
- New (and modified) definitions required for I-SEM;
- Requirements to comply with new legislation;
- Changes to licence conditions relating to Moyle’s revenue streams to reflect new sources of potential income and ensure that these are captured within the scope of the relevant licence conditions;
- Amendments to the prohibited activities licence condition to provide a mechanism for Moyle to obtain written consent from the Authority for certain trading activity;
- An obligation on the licensee to sign up to and comply with the Capacity Market Code insofar as applicable to it; and
- Amendment to the dispute resolution process to reflect the fact that disputes will be subject to the provisions of the Harmonised Allocation Rules.
A parallel decision process, led by the Commission for Regulation of Utilities (CRU), has been published with similar licence modifications to the EIDAC interconnector licence.
Any comments or queries on the published decision notice should be sent to Ian McClelland at the Utility Regulator: Ian.McClelland@uregni.gov.uk