Notice of the SEM Single Mutual Hedging Process
Directed and Non-Directed Contracts for Differences between PPB and Eligible Suppliers
The SEM Committee published on 7th May 2008 i) a Notice which sets out the process PPB will be following in its forthcoming SEM Single Mutual Hedging Process, which is the means by which NIE Energy's power procurement business (PPB) and eligible suppliers will be entering into both Directed and Non-Directed CfDs with each other to hedge their respective risks relating to SEM participation; and ii) PPB's DC Master CfD Agreement.
For further information, please contact by email, Stephen Powell (spowell@cer.ie) or Tadhg O'Briain (Tadhg.obriain@niaur.gov.uk).