FAQs

The Trading and Settlement Code (TSC), which sets the rules for the SEM, is governed by the SEM Committee. The TSC unit within the Regulatory Authorities' offices assists the SEM Committee in this task. For further details and a link to the TSC, please click on the following:

http://www.allislandproject.org/en/trading_and_settlement_code.aspx

For a high-level overview of how the SEM operates, please see the CER's factsheet on SEM, available here.

The SEM consists of a gross mandatory pool market, into which all electricity generated on - or imported onto - the island of Ireland must be sold, and from which all wholesale electricity must be purchased by suppliers (above a DeMinimis threshold). The resulting SEM prices are available on the Single Electricity Market Operator's (SEMO's) website. Please see the following link:

http://www.allislandmarket.com/latest_prices/

The SEM Committee makes final decisions on the approval, amendment or rejection of modifications to the Trading Settlement Code (TSC) as proposed by the SEM TSC Modifications Committee. The SEM Committee also supervises the development of the TSC from a regulatory perspective and is represented by the Regulatory Authorities' staff on the Modifications Committee. For further information please see the following link:

http://www.allislandproject.org/en/trading_and_settlement_code.aspx

Please see the following link for details on how to register with SEMO as a market partipcant in the SEM:

http://www.sem-o.com/market_registration/