The CRU is responsible for leading and coordinating a number of national projects of strategic importance to Ireland’s energy future.
The Single Electricity Market (SEM) on the island of Ireland is undergoing a radical transformation arising from changes to European legislation. These changes are designed to create a single wholesale market across the European Union (EU). The new market design will result in the Integrated Single Electricity Market (I-SEM).
The new I-SEM arrangements will include six markets or auctions (the day ahead market, the intraday market, the balancing market, the capacity market, financial transmission rights (FTR) auctions and a forwards market intended to facilitate trading in hedging contracts) spanning different trading timeframes with separate clearing and settlement mechanisms.
The current ‘go-live’ date for the new market arrangements is May 2018.
For further information on the I-SEM project please the homepage.
The National Smart Metering Programme is a project to transform how our electricity and gas retail markets operate.
Old, analogue meters will be replaced by updated, digital meters. ESB Networks are leading on the replacement of electricity meters with Gas Networks Ireland responsible for replacing gas meters.
Smart meters will bring many benefits to consumers and the market by virtually eliminating the need to use estimated readings and by providing more choice to consumers in terms of products and services. Smart meters will also facilitate better network planning.
The CRU is responsible for coordinating the project across all stakeholders including ESBN, GNI, energy suppliers and consumer interest groups.
For more information on the NSMP and what changes will occur as a result of smart metering go to the CRU publication page.
for further information on smart metering please contact email@example.com.
Smart Metering FAQs
What is a smart meter?
Smart meters are the next generation of electricity and gas meter. Smart meters work by communicating with you and your energy provider, giving accurate information on actual energy usage across each day. Smart meters will mean that customers can access more information enabling the provision of more choice and services from existing and new suppliers, which would not be possible with the old mechanical meters.
How will smart metering bring about benefits for the economy and environment?
Smart metering is a significant ‘once in a generation’ project that can encourage energy efficiency and support an increase in renewable power on the electricity system. Using smart meters will help how we manage peak energy demand, meaning lower overall costs for consumers. It will also enhance competition and improve consumer experience.
How much will the smart meter cost me?
There will be no upfront charge to the customer to have a meter installed. Currently, energy infrastructure (existing meters, distribution pipes and lines etc.) are paid for through the set charge that people see on their regular bills. Smart meters will be paid for in the same way,
Will my information be secure?
Yes. Protecting the privacy and security of customer information is core to the National Smart Metering Programme. In the same way that your personal information is protected now by your energy supplier and the networks company, your information will continue to be protected in the future.
When can I get a smart meter?
The CRU has decided that the roll-out of smart meters will proceed on a phased basis, commencing in 2019. ESB Networks will deliver the roll-out with oversight by CRU and the Department of Communications, Climate Action and Environment. Industry participants including Gas Networks Ireland and energy suppliers are active participants in the project.