Provision of Capacity Auction Monitor

Descriptions

The Commission for Regulation of Utilities and the Northern Ireland Authority for Utility Regulation (also known as the Utility Regulator (UR)) , together referred to as the Regulatory Authorities (RAs), have jointly regulated the all-island wholesale electricity market known as the Single Electricity Market (SEM) covering both Ireland and Northern Ireland respectfully. The decision-making body which governs the market is the SEM Committee (SEMC).The role of the Capacity Auction Monitor (CAM) is to provide independent assurance to the SEM Committee, Regulatory Authorities and other internal and external stakeholders that the System Operators' are correctly carrying out all of their obligations under the CMC. This includes the SOs conduct during the Provisional Qualification Process as well as the SOs conduct before, during and after running all Capacity Auctions.