Northern Ireland Electricity Announces Conclusion of Sale of SONI
SONI is the Transmission System Operator in Northern Ireland. SONI is responsible for ensuring the safe, secure and economic operation of the electricity transmission network in Northern Ireland.
EirGrid, the independent Transmission System Operator in the south of Ireland, and SONI are already partners in the Single Electricity Market Operator (SEMO) joint venture which carries out the role of market operator for the all island wholesale Single Electricity Market.
The sale, which was announced on 21 August 2008, is consistent with the agreement reached by NIE with the Department of Enterprise, Trade and Investment (DETI) and the Northern Ireland Authority for Utility Regulation (NIAUR) to divest SONI in order to further enhance the independence of the TSO in Northern Ireland in accordance with international best practice. Completion follows changes to the licences of both SONI and EirGrid which were approved by the regulatory authorities following a public consultation process.
Author: Northern Ireland Electricity Corporate Communications - 12/03/2009 16:01:14
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