The Utility Regulator has today, 14 January 2019, published its decision on the Ireland-United Kingdom (IU) TSOs’ proposal for the Coordinated Redispatching and Countertrading Methodology and the IU TSOs’ proposal for the Redispatching and Countertrading Cost Sharing Methodology.
The Redispatching and Countertrading Methodology is a proposal developed by all Transmission System Operators of the IU Capacity Calculation Region in order to establish a common and coordinated process for redispatching and countertrading for the effective and economically efficient use of coordinated remedial actions which have the effect of relieving physical congestions within a control area of an IU TSO. By defining a set of harmonised rules for congestion management, the proposal serves the objective of promoting effective competition in the generation, trading and supply of electricity in accordance with Article 3(a) of the CACM Regulation.
The IU Redispatching and Countertrading Cost Sharing Methodology is a proposal developed by all Transmission System Operators of the IU Capacity Calculation Region in order to establish a common process for redispatching and countertrading cost sharing. This proposes cost-sharing solutions for actions of cross-border relevance. It also aims to ensure consistency with redispatching and countertrading cost sharing methodologies of other Capacity Calculation Regions in which the same bidding zones are concerned whilst acknowledging the specific characteristics of the interconnectors within the IU Region.
Having reviewed the proposals in line with CACM Regulation as well as statutory duties and obligations, the Utility Regulator notes that a number of important parts, as requested in the IU regulatory opinion of 14 September 2018, have been omitted from these proposals. Therefore, in line with the IU Regulatory Authorities’ agreement of 14 January 2019 and, in line with Article 9 of the CACM Regulation, the Utility Regulator requests a second amendment to each methodology.