International energy regulators move toward market integration


Ofgem LogoLondon, U.K. — (METERING.COM) — November 27, 2006 – Britain’s energy regulator Ofgem, together with the energy regulators for France, the Republic of Ireland and Northern Ireland, have launched a joint consultation on the integration of their electricity markets.

The consultation is the latest development in the electricity regional initiative, which aims to tackle market integration at grass-roots level. The initiative was launched by the European Regulators Group for Electricity and Gas (ERGEG), earlier this year. In addition to the France-UK-Ireland region, ERGEG has established six others across the EU. A similar initiative exists for gas.

The four regulators have highlighted key issues for consideration, including congestion management for interconnectors, enhancing reciprocal access to balancing markets, and improving wholesale market transparency. They have supplied supporting papers on transmission tariffs and interconnector flows and the transmission system operators they regulate have also contributed accompanying publications.