ECONOMIC CONSULTING ASSOCIATES

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Future of power and technology, wind turbine with business information

Publication of SEM market model in Ireland

Feb 6, 2020

Following ECA’s appointment by the Regulating Authorities, we are pleased to announce the publication of the backtested and validated forward-looking SEM PLEXOS model (2019-2025) and its accompanying report. This is the first backast since I-SEM launch in October 2018. The model was calibrated and updated in line with latest market behaviours and future outlooks. The model has several key roles in the market including: Capacity Remuneration Mechanism (CRM) modelling, Directed Contracts (DCs) modelling and for strategic analysis. The final published report can be found here and the public plexos model here