I-SEM: Good news for Wind Energy Generators and their Intermediaries
With over 100 approved Intermediary arrangements currently established under the Irish wholesale electricity market (the Single Electricity Market, or SEM), there has been some expectation regarding the changes to these agreements that the new I-SEM (Integrated Single Energy Market) may introduce.
Although existing intermediaries will be required to take steps to transfer the registration of their Generators from SEM into I-SEM, the good news is that the SEM Regulators Authority has decided to maintain the intermediary arrangements in I-SEM. You will find the complete Decision Paper from the SEM committee here.
Both this recent decision and the extension of the I-SEM go-live date have been welcome announcements in an uncertain future for the Irish electricity market.