Commitment to structural reforms in Irish electricity

Agreement (2 pages, PDF) between CER and Ofreg committing the two regulators to an objective to achieve effective competition for all consumers.

Both regulators will "work to ensure" that group has more than 40 per cent market share in electricity generation or retail supply in Ireland (presumably on an all-Island basis). CER specifically commits to try and prevent ESB from building new "conventional" power stations until 2013, and Ofreg commits to arranging for the removal of all system operator functions from NIE (through divestment of SONI) by November 2008.

There is also a (CER) press notice (2 pages, PDF) (with a broken link to Ofreg's website and still no clarity as to what the Northern Ireland regulator would like to be called; we'll stick to Ofreg here for now).

For further information or advice please contact Franck Latrémolière.

Filed under CER, Electricity, Ofreg.

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