SONI Welcomes Launch of New Electricity Market

01 October 2018

SONI (System Operator for Northern Ireland) welcomes today’s announcement by the SEM Committee regarding the launch of the new Integrated Single Electricity Market (I-SEM).

The new market was designed and is overseen by the SEM Committee and has been established by SONI in Northern Ireland and EirGrid in Ireland through a major programme of work over the past four years.

The new market arrangements integrate the all-island electricity market with European electricity markets, making optimal use of cross-border transmission assets. It is designed to ensure greater competition and put downward pressure on wholesale prices, benefitting consumers.