SEMOpx Revised Regulatory Revenue Recovery Framework Consultation Paper
The SEM Committee has today, 19th March 2024, published a Consultation Paper that outlines SEM Committee’s proposal for a new Regulatory Revenue Recovery Framework for SEMOpx from 2024/2025 onwards.
On 18 December 2023, SEMOpx submitted a proposal to the RAs for a more streamlined Regulatory Revenue Recovery Framework. This proposal was presented to the RAs with the aim of stepping away from the multiannual price control process for SEMOpx while continuing to ensure RA oversight on the SEMOpx revenue provision.
Interested stakeholders’ views on each of the sections in this consultation paper are invited until 17th April 2024 and should be submitted to kgoslin@cru.ie and akshant.nagar@uregni.gov.uk.
A final decision on the SEMOpx Regulatory Revenue Recovery Framework will be published in Q2 2024. All responses received may be published unless the respondent clearly indicates that the relevant response is confidential.