Shoot to thrill – pricing volatility in I-SEM

Following last week’s discussion on managing balance responsibility under a PPA structure, it seems opportune to consider the potential volatility in the prices faced by those who find themselves out of balance.

This week’s blog reviews GB imbalance pricing compares it to historical System Marginal Price (SMP) in the current Single Electricity Market (SEM) and reflects on what lessons this experience may have for the Irish market in I-SEM. Notably, the risk faced by those out of balance is such that they may be thunderstruck come settlement time.

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Low carbon generation
Conall Bolger

Conall Bolger

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