Electricity Regulation Act 1999 (Single Electricity Market) Regulations, 2007

• Jurisdiction: Ireland
• Citation: IR SI 406/2007
• Year: 2007

STATUTORY INSTRUMENTS
S.I. No. 406 of 2007
Electricity Regulation Act 1999 (Single Electricity Market) Regulations 2007
Electricity Regulation Act 1999 (Single Electricity Market) Regulations 2007
ARRANGEMENT OF REGULATIONS
1. Citation. 2. Interpretation. 3. Transitional Arrangements. 4. The Single Electricity Market Trading and Settlement Code. 5. Participation in the Single Electricity Market. 6. Determination of the Market Start Date.
Electricity Regulation Act 1999 (Single Electricity Market) Regulations 2007
The Commission for Energy Regulation, in exercise of the powers conferred on it by section 9BA(2) of the Electricity Regulation Act 1999 (No. 23 of 1999) (inserted by section 7 of the Electricity Regulation (Amendment) (Single Electricity Market) Act 2007 (No.5 of 2007)), following consultation with the Northern Ireland Authority for Utility Regulation, hereby makes the following regulations:
	Citation	1. These Regulations may be cited as the Electricity Regulation Act 1999 (Single Electricity Market) Regulations 2007.
	Interpretation	2. In these Regulations, except where the context otherwise requires:
“Act of 1999” means the Electricity Regulation Act 1999 (No. 23 of 1999) as amended;
“generator” means a person licensed to generate electricity or exempt from the requirement to be licensed to generate electricity;
“generator unit” means a unit of a generating station;
“maximum export capacity” means the maximum export capacity of a site as defined under the site's connection agreement;
“Single Electricity Market Trading and Settlement Code” means the code of that name to be established pursuant to section 9BA(1) of the Act of 1999, and designated pursuant to these Regulations, as from time to time revised, amended, supplemented or replaced; and
“supplier” means a person licensed to supply electricity or exempt from the requirement to be licensed to supply electricity.
	Transitional Arrangements	3. Subject to Regulation 5, licence holders under section 14(1) of the Act of 1999 shall:
(a) do all that is necessary, as determined by the licence holder, to prepare for the Single Electricity Market, including the putting into place of all necessary managerial, commercial, technical, financial and legal arrangements; and
(b) execute such transitional agreements or arrangements as may be deemed necessary, and designated as such, by the Commission.
	The Single Electricity Market Trading and Settlement Code	4. (1) The Commission shall, pursuant to section 9BA(1) of the Act of 1999, establish a code to apply in relation to the operation of the Single Electricity Market and such code shall include rules and procedures relating to the matters specified in the Schedule to these Regulations.
(2) The code referred to in...