All-Ireland electricity market one step nearer

A single electricity market for the island of Ireland has moved a step closer with the signing of a formal Memorandum of Understanding by the Republic’s ESB National Grid (ESBNG) and the System Operator Northern Ireland (SONI).

Hopefully this will, as promised, deliver competitive prices to consumers.

A formal agreement is expected by next February to establish the new market operator, in time to meet the deadline of July 1 2007 for the start of the single electricity market.

For the anoraks, there are also graphs on both companies’ homepages which show how much electricy each part of the island is using per day.

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