Utility Regulator Consults on Generator Unit Agreement - Relevant Considerations (Amended)

On 25 November 2009 the Utility Regulator published a Consultation Paper on Relevant Considerations in relation to the possible Cancellation of Generating Unit Agreements in Northern Ireland

This consultation was amended on 2 December 2009 so that the sentence in the last paragraph on page 5 “Under the Change in Law provision the value of these allowances revert to PPB” was replaced by “For nine of the GUAs, the parties have accepted that the value of the free carbon allowances reverts to PPB. However, in the case of Coolkeeragh ESB this is, at present, a matter of dispute between the two parties.”

The remainder of the consultation paper remains the same.