Goodbye Yellow Brick Road: REFIT in I-SEM

Last week the Department of Communications, Climate Action & Environment (DCCAE) decided on the transition of REFIT to I-SEM. DCCAE confirmed that it will adopt a “Blended Approach” to the calculation of the Total Market Revenue (TMR), which is used to estimate the level of support provided under the scheme. It is particularly pertinent as the 17 August deadline to change PPA provider ahead of I-SEM go-live is fast approaching.

In this week’s blog, we discuss the implications for trading supported generators’ revenues.

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Conall Bolger

Conall Bolger

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