Short description
011-03-493 -
Provision of Wholesale Electricity Market Forecasting Software
Detailed description
Since 1st November 2007 the Utility Regulator of Northern Ireland (UREGNI) and the Commission for Regulation of Utilities (CRU) together referred to as the Regulatory Authorities or RAs, have jointly regulated the all-Island wholesale electricity market known as the Single Electricity Market (SEM) covering both Northern Ireland and the Republic of Ireland. The decision-making body which governs the market is the SEM Committee (SEMC).
The Contracting Authorities require modelling software that has an ability to forecast wholesale electricity prices and generator schedules which range from scenario analysis to directly setting forward contracts prices and volumes. The modelling software output can be vital for informing policy decisions through detailed analysis.
Please refer to the RFT for further details, including:
A non-exhaustive list of the Contracting Authorities functions that will require wholesale electricity forecasting;
Functional Specification;
Non Functional Specification;
Functional Questions;
Invoicing Arrangements;
Service Levels and
Key Performance Indicators.
Type of Contract:
Services | Contracting authority
Commission for Regulation of Utilities
The Grain House, The Exchange, Belgard Square North
Dublin 24 D24 PXW0
Tallaght
Ireland
View profile | Contact
Siobhan Keating
http://www.cru.ie |