Validation of Market Similation Software in SEM to end 2013

On 1st November 2012 the Regulatory Authorities publish their Report on the Validation of the PLEXOS model for use in simulating system marginal prices (SMPs) and other market outcomes in the all-island Single Electricty Market (SEM).

This follows on from the public presentation on the matter held at the CER's office in June 2012 as well as the subsequent updates made to the PLEXOS model and input assumptions for the Quarterly DC auctions held in September.