NIAER announces outcome of 2004 Non-Fossil Fuel (NFF) Capacity Auction

16 March 2004

NIAER today announced the result of the 2004 NFF Auction. 10 capacity units of 1 MW each, were auctioned from the NIE Power Procurement Business stock of NFF capacity, contracted under Government Obligation. At present 40 MW of capacity is under contract, generating around 120 GWh each year.

The auction was oversubscribed and fully allocated, resulting in 10 capacity units being allocated to Energia for the period 1 April 2004 to 31 March 2005.

The reserve bid price was set at 3.8p/kWh (based on output from the capacity blocks).

The auction was operated on a pay-as-bid basis.

Notes for Editors

1.OFREG (the Office for the Regulation of Electricity and Gas) supports the Northern Ireland Authority for Energy Regulation (NIAER) the regulator of the Electrcity and Gas industries in Northern Ireland. NIAER’s powers are derived from the Electricity (Northern Ireland) Order 1992, the Gas (Northern Ireland) Order 1996 both as amended by the Energy (Northern Ireland) Order 2003.

For further information please contact Carleen O’Neill at Weber Shandwick

Tel 02890 761007 or Mobile 07770 88691