The Regulatory Authorities, together the Utility Regulator (UR) in Northern Ireland (NI) and the Commission for Energy Regulation (CER) in the Republic of Ireland (ROI), today 4th November 2016, publish notice of their consultation on the ‘Proposed modifications to SONI Ltd’s licence to act as SEM Operator’. SONI in NI, together with Eirgrid in ROI, jointly operate the Single Electricity Market Operator (SEMO). SEMO is responsible for administering the SEM and is licensed and regulated co-operatively by CER, in ROI, and UR in NI.
The proposed licence modifications replace the current Annex 1, ‘Charging and revenue restriction’, of the SONI SEM Operator licence with the purpose of:
- Providing a mechanism for codification of price control decisions;
- Implementing a tariff approval framework; and
- Including a disapplication process.
The proposed changes to the licence are contained in Appendix 2 of the consultation paper.