Our Training section has been developed to provide information on all aspects of Single Electricity Market. The Training Section has been broken down in to 2 main sections:
Joining the Market:
- Registration is the process which companies complete in order to trade electricity in the SEM. It is a formal process and is document in the Trading and Settlement Code and Agreed Procedure 1.
- This section is aimed at getting an understanding of the Single Electricity Market, how it operates and the history of the market. This section also provides information relating to the process of Registering to trade in the Single Electricity Market.
Trading in the Market
- Once the registered to trade in the Single Electricity Market, there are distinct functions which each market paricipant must be aware of. The FAQ's and presentations give an overview of each of these function.
Joining the Market
If you are new to the Electricity World and need to find out information about
Trading in the Single Electricity Market, you will find background information, learning resources in the section
Trading in the Market
Bidding and Pricing
This section details the processes by which SEMO determine which generators are scheduled. It also details how the Pricing element of the market operates and the factor which are included in the calculations.
Pricing and Scheduling FAQ
Loss Adjustment Factors
SEMO has an information portal which allows stakeholders to access historical SEM information. The output files from the SEMO Market Systems are also made available to all stakeholders.
Extracting Data From The Wesite
Each market participant must have credit cover in place to allow them to trade. This section details what the required credit cover and the reasoning behind the requirement. It also details the current monetary requirements.
Credit Cover FAQ
Current Credit Parameters
SEMO maintains open and transparent communications with all stakeholders. To this end we have an Alert Me section of the web site. Stakeholders can sign up to receive information with regard to specific aspects of the SEM. There is also a Query Management FAQ which details how SEMO handle different query types.
Query Management FAQ
One of the most important aspects of role performed by SEMO is the continuous movement of money in the SEM. This involves calculating the Settlement values, communicating these values to market participants (Invoicing), and insuring the funds reach bank accounts as timetabled (Funds Transfer).
Funds Transfer FAQ