Update on Fuel Mix Disclosure 2020, post EU-UK Trade and Cooperation Agreement

Affected Period

Status
Closed

Category
Fuel Mix Disclosure

Run type

Created
15/01/2021 13:28

Last Updated
15/01/2021 13:38

To:  Suppliers participating in Fuel Mix Disclosure 2020,

The EU-UK Trade and Cooperation Agreement is now in effect. SEMO wish to provide suppliers with an update on our understanding of how this agreement impacts on Fuel Mix Disclosure (FMD) 2020 and the acceptability of UK REGOs and EU GOs in the FMD 2020.

Effectively the details provided in our previous market message on FMD 2020 remain relevant under the new trade agreement.

Based on SEMO’s understanding of the current legal position, and following engagement with the Commission for Regulation of Utilities, SEMO can confirm the following, as it relates to Suppliers licensed in Ireland:

 Import and cancellation of EU GOs for use in FMD 2020 is acceptable.

From the 1st January 2021 UK REGOs will not be accepted for import or cancellation for FMD for Suppliers licensed in Ireland.

Based on SEMO’s understanding of the current legal position, and following engagement with the Utility Regulator Northern Ireland, SEMO can confirm the following, as it relates to Suppliers licensed in Northern Ireland:

GB and NI REGOs cancelled for use in the FMD 2020 are acceptable.

Import and cancellation of European GOs for use in FMD 2020 is acceptable. Note that the UK have allowed for a review during 2021 of the continuation of eligibility of EU GOs. 

Please note these positions are based on the information available to SEMO as at the 15th January 2021. Should subsequent communications or agreements from either the EU or UK authorities indicate a change in this position we will provide you with an updated understanding of the impact on FMD as soon as possible.

In the meantime please do not hesitate to respond with any question on this topic to guaranteesoforigin@sem-o.com