The CRU has today, 23rd March 2021, published a draft determination paper on the Cap and Floor regulatory framework for the Greenlink electricity interconnector.
This paper provides the CRU’s minded to position on the regulatory financial design of the Cap and Floor framework that would apply to Greenlink in Ireland. Additionally, this paper sets out the CRU’s view on Greenlink’s proposed project costs and sets out indicative Cap and Floor levels for the project, which would apply to 50% of the project’s costs and revenues.
Please note that following this draft determination consultation, the CRU expects to publish a Final Determination on the Greenlink Electricity Interconnector Cap and Floor Regulatory Framework in H2 2021.
Please click below to view this decision paper.