Regulatory Framework for NEMO from October 2022

Regulatory Framework for NEMO from October 2022

The CRU and UR are today, 12 October 2022, publishing a joint Decision Paper on the regulatory framework for Nominated Electricity Market Operators (NEMOs) from October 2022.

This Decision Paper follows on from Consultation Paper SEM-22-037, which closed on 12 August 2022. The following proposals were made:

  • Changing designation period for providing NEMO services from three years to on an enduring basis, and to redesignate EirGrid plc. And SONI Ltd, operating jointly as SEMOpx, as NEMO for Ireland and Northern Ireland; and
  • Rolling over the final year of the incumbent SEMOpx revenue regime to next year, consulting separately on the next revenue regime.

There have been no changes to the above proposals in this Decision Paper.