Ofreg rationale for cancellation of PPAs

Utility Regulator grounds (48 pages, PDF) for considering that the pre-conditions for exercising its power to terminate long-term power purchase agreements in Northern Ireland are satisfied. The main condition is that there should be a working wholesale market for electricity, which in the view of the regulator the all-Island project has delivered.

For further information or advice please contact Franck Latrémolière.

Filed under Ofreg.

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