Energy Act 2016

Amendment of section 2 of Act of 1999

8. The Act of 1999 is amended in section 2 by substituting the following for the definition of “the Single Electricity Market”:

“ ‘the Single Electricity Market’ means the arrangements in the State and Northern Ireland—

(a) initially described in the Memorandum of Understanding,

(b) designed to promote the establishment and operation of a single competitive wholesale electricity market in the State and Northern Ireland, and

(c) which allow for the efficient application of the European Union rules for cross-border trade in electricity contained within or adopted pursuant to the Electricity Market Regulation as amended from time to time and as supplemented by—

(i) network codes established under Article 6 of that Regulation, and

(ii) guidelines adopted under Article 18 of that Regulation;”.