Regulation of ESB and NIE and Non Directed Contracts

Notification of ESB PG PSO Auctions

On the 10th August, ESB PG issued notification of the commencement of the auction for their PSO backed contracts in the Single Electricity Market.

ESB Customer Supply Tariff Methodology Statement and NIE Supply Tariff Methodology Statement

On the 31st July, the Regulatory Authorities published the ESB CS and NIE Supply Tariff Methodology Statements.

The Regulatory Authorities have decided to place a series of controls on ESB and NIE in order to facilitate competition in generation and supply, to protect the interests of final customers and provide a clear, transparent and non-discriminatory mechanism for the determination of Supply tariffs.

One of these is a requirement on ESB Customer Supply and NIE Supply to each publish a tariff methodology statement.

Notification of NIE PPB and ESB PG Non-Directed Contract (NDC) Auctions

On 23rd July, NIE Power Procurement Business (NIE PPB) and ESB Power Generation (ESB PG) have issued notifications of the commencement of their respective auctions for Contract for Differences (CfDs) in the Single Electricity Market.

ESB Customer Supply and NIE Supply Hedging Policy Statements

The Regulatory Authorities have decided to place a series of controls on ESB and NIE in order to facilitate competition in generation and supply, to protect the interests of final customers and provide a clear, transparent and non-discriminatory mechanism for the determination of Supply tariffs. One of these is a requirement on ESB Customer Supply and NIE Supply to publish a hedging methodology statement.

These documents describe the policy objectives and procurement principles for NIE Supply's hedging activities in realtaion to electricity purchases for the Single Electricity Market.

ESB Customer Supply Hedging Policy Statement