The Utility Regulator has 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. 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.
The Utility Regulator has reviewed the proposal in line with the requirement of the CACM Regulation, the wider objectives of Regulation (EC) 714/2009 and the Utility Regulator’s principle objectives and duties. Through close cooperation and coordination with relevant Regulatory Authorities, an agreement was reached on the 19 July 2019, with this constituting the reason for this decision.