The utility regulator claims the SEM is good news and brings significant benefits for all consumers. It provides trading opportunities for generators, suppliers and investors while delivering an efficient and competitive electricity market. The market is designed to support competition, allow increased renewables on the system, encourage new investment and support security of supply, all while placing a downward pressure on prices.
We don’t have a SEM for liquid fuels in Ireland, but the question is, “do we need one if the Republic introduces a renewable heating obligation in 2026?”.
The renewable heating obligation (RHO) is the Government’s proposal to introduce renewable fuels into the home heat mix. It will apply to all fuels and is supposed to . . .
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