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- Point in Time (24/07/2015)
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Commission Regulation (EU) 2015/1222 of 24 July 2015 establishing a guideline on capacity allocation and congestion management (Text with EEA relevance)
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Version Superseded: 31/12/2020
Point in time view as at 24/07/2015. This version of this provision has been superseded.
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1.Except for Articles 4, 5 and 6 and participation in the development of terms and conditions or methodologies, for which the respective deadlines shall apply, the requirements of this Regulation shall not apply in Ireland and Northern Ireland until 31 December 2017.
2.From the date of the entry into force of this Regulation until 31 December 2017, Ireland and Northern Ireland shall implement preparatory transitional arrangements. Those transitional arrangements shall:
(a)facilitate the transition to full implementation of and full compliance with this Regulation, and include all necessary preparatory measures for full implementation of and full compliance with this Regulation, by 31 December 2017;
(b)guarantee a reasonable degree of integration with the markets in adjacent jurisdictions;
(c)provide for at least:
allocation of interconnector capacity in an explicit day-ahead auction and in at least two implicit intraday auctions;
joint nomination of interconnection capacity and energy at the day-ahead market time-frame;
application of the ‘Use-It-Or-Lose-It’ or ‘Use-It-Or-Sell-It’ principle, as specified in point 2.5 of Annex I to Regulation (EC) No 714/2009, to capacity not used at the day-ahead market time-frame.
(d)ensure fair and non-discriminatory pricing of interconnector capacity in the implicit intraday auctions;
(e)put in place fair, transparent and non-discriminatory compensation mechanisms for ensuring firmness;
(f)set out a detailed roadmap, approved by the regulatory authorities for Ireland and Northern Ireland, with milestones for achieving full implementation of and compliance with this Regulation;
(g)be subject to a consultation process, involving all relevant parties and give the utmost consideration to the consultation's outcome;
(h)be justified on the basis of a cost-benefit analysis;
(i)not unduly affect other jurisdictions.
3.Regulatory authorities for Ireland and Northern Ireland shall provide to the Agency at least quarterly, or upon the Agency's request, any information required for assessing the transitional arrangements for the electricity market on the island of Ireland and the progress towards achieving full implementation of and compliance with this Regulation.
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