Market Assurance and Market Entry

 Market Assurance

Market assuranceMarket Assurance is the process by which the Commission and the market participants obtain assurance that the operation of the market will not be adversely affected by a change to the market processes, the advent of a new participant or the entry of an existing participant into a new sector of the market.

Assurance concerns compliance of Participants’ market systems and business processes with the Market Design.

RMDS is responsible for the high level co-ordination of the required interactions between market participants and the assurance body necessary to support the execution of the market assurance process. RMDS co-ordinates testing between the participants systems and the central market systems where required.

Market EntryMarket Entry

New entrants to the Retail electricity market are welcome.

RMDS provides a support service to new entrants to guide them through the steps of entry. RMDS also provides briefings on the structure of the retail market, if required.

Market entry requires an assurance step. The assurance requirements are governed by the Retail Electricity Assurance Strategy. The Market Entry Assurance Process document describes the steps in detail. The requirements are consistent with those that existing participants have met.

RMDS is the contact point for the market Entry Assurance Process. RMDS in conjunction with MRSO co-ordinates the non-assurance steps of the entry process.

New entrants may choose to be approved to operate in one, or more, market segments. Further assurance and approval is required to operate in other Market segments.

General Assurance Documentation

Title Date
Assurance Process for the Irish Retail Electricity Market      June 2021
Assurance Strategy for the Irish Retail Electricity Market      June 2021