ECA has been appointed to validate the forward-looking SEM PLEXOS model (2019-2025) and perform a backcast against I-SEM market outcomes. We will have the opportunity to deliver an independent evaluation of the model, calibrate the model to reflect changes to market behaviour since the I-SEM launch in 2018, and strengthen industry trust in market-based modelling projects undertaken by the regulatory authorities. We’re delighted to be working with the Utility Regulator Northern Ireland, in conjunction with Ireland’s Commission for Regulation of Utilities on this project.