The Regulatory Authorities (RAs) today, 26 August 2022, publish an information note on a proposed amendment to the qPAR parameter. Given the exceptional geopolitical situation and the unprecedented impact of this on the energy sector, and on electricity prices in the SEM more specifically, the RAs are minded to increase the value of qPAR for a defined period of time. The RAs are minded to amend qPAR from the current value of 10MWh to 100MWh. This change to qPAR will be time-limited and will apply for a period of 1 year, before reverting back to 10MWh by default. Participants have until the 9 September should they wish to respond to the RAs intended change. All responses, and any queries on any matters raised in this information note, should be submitted by email to TSC@cru.ie and Brian Mulhern (brian.mulhern@uregni.gov.uk) before this date. |