Awarded contract

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ENQEIR915 Energy Trading Partner

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Value

12,000,000 EUR

Close date

2024-11-22

Description

EirGrid and SONI have a requirement for an Energy Trading Partner. EirGrid and SONI, in their roles as Transmission System Operators (TSO) in the Republic of Ireland and Northern Ireland respectively, have an obligation to take various measures to minimise curtailment of priority dispatch generation (mainly renewables), including the use of countertrading on interconnectors. There may be at times security of supply obligations where interconnector flows need to be adjusted and/or testing. EirGrid and SONI wish to engage an Energy Trading Partner to facilitate counter-trading. The expected situations that will generate trade volume requests from the TSOs to the Energy Trading Partner are: Priority Dispatch Security of Supply Optimisation of the Large Single Infeed Testing of Interconnectors The Trading Partner will act to sell or buy electricity from the GB market following market gate closure on I-SEM. The applicable TSO will identify the volume of energy required to be counter-traded over each DC interconnector. The Trading Partner may be responsible for setting up the required market infrastructure (e.g. registration of units) and systems to allow such trades to occur. The Energy Trading Partner will be required to register (at their cost) Balancing Mechanism Units (BMUs) as detailed below. The EWIC BMUs should have a Generation Capacity and a Demand Capacity of 1030 MW (representing the full potential swing of the interconnector). The Greenlink BMUs should have a Generation Capacity and a Demand Capacity of 1034 MW (representing the full potential swing of the interconnector). The Moyle BMUs should have a Generation Capacity and a Demand Capacity of 1000 MW (representing the full potential swing of the interconnector). EirGrid and SONI have a requirement for an Energy Trading Partner. EirGrid and SONI, in their roles as Transmission System Operators (TSO) in the Republic of Ireland and Northern Ireland respectively, have an obligation to take various measures to minimise curtailment of priority dispatch generation (mainly renewables), including the use of countertrading on interconnectors. There may be at times security of supply obligations where interconnector flows need to be adjusted and/or testing. EirGrid and SONI wish to engage an Energy Trading Partner to facilitate counter-trading. The expected situations that will generate trade volume requests from the TSOs to the Energy Trading Partner are: Priority Dispatch Security of Supply Optimisation of the Large Single Infeed Testing of Interconnectors The Trading Partner will act to sell or buy electricity from the GB market following market gate closure on I-SEM. The applicable TSO will identify the volume of energy required to be counter-traded over each DC interconnector. The Trading Partner may be responsible for setting up the required market infrastructure (e.g. registration of units) and systems to allow such trades to occur. The Energy Trading Partner will be required to register (at their cost) Balancing Mechanism Units (BMUs) as detailed below. The EWIC BMUs should have a Generation Capacity and a Demand Capacity of 1030 MW (representing the full potential swing of the interconnector). The Greenlink BMUs should have a Generation Capacity and a Demand Capacity of 1034 MW (representing the full potential swing of the interconnector). The Moyle BMUs should have a Generation Capacity and a Demand Capacity of 1000 MW (representing the full potential swing of the interconnector).

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