1. Market Systems Release Update Modifications Committee Meeting 58 December 4 th 2014 1

2. All release milestones were met and the SEM R2.5.0 release was successfully deployed overnight on Friday November 14 th 2014. The following table outlines the release scope: *Added to scope on July 2 nd ** Added to scope of August 27 th 2 SEM R2.5.0 – November 2014 SEM R2.5.0 Approved Scope CR RefDescription SEM_PC_CR322Eligible Availability for Energy Limited Units Under Test SEM_PC_CR327Event Queuing SEM_PC_CR333Functionality to apply PUGDOG TTariff on a Trading Day basis SEM_PC_CR332Issue Zero Invoices SEM_PC_CR330Changes to IART Report SEM_PC_CR336HMRC VAT Change* SEM_PC_CR340DSI Processing of bids**

3. Release Cut-Off Date was Friday September 5 th, 2014. At the Cut-Off Date there were no: Approved Modification Proposals or New Change Requests submitted to the SDS As no functional changes were proposed, a Change Control Forum (CCF) meeting was not required. Three technical changes, required to ensure the Central Markets Systems remain under Core 3 rd party vendor support, are being proposed and have been assessed by our vendors. 3 SEM R2.6.0 – May 2015

4. The proposed scope for the May 2015 release is as follows: SEMO have issued a proposal to the Regulatory Authorities. Once approved, this will be published to the industry. 4 SEM R2.6.0 – May 2015 CR RefDescriptionABB HoursBrady Hours SEM_PC_CR341Oracle 11.2.0.4 Upgrade1,102763 SEM_PC_CR342AIX TL 9 Upgrade510N/A SEM_PC_CR343Smart FTP 6 Upgrade72N/A Total Vendor Effort2,447 hours

5. The release cut-off date for the SEM R2.7.0 release (October 2015) to the Central Market Systems was published on November 24 th. The cut-off date is: Friday March 6 th 2015. 5 SEM R2.7.0 – Oct 2015 – Release Cut-Off Date

6. The current timelines are as follows: Implementing Acts have been entered into force. Start of data reporting Q4 2015. Based on the draft requirements available, SEMO are currently working with ACER to develop sample reports appropriate for the SEM. It is likely that a CMS release will be required to facilitate REMIT reporting, the scope and impact of which will be determined after the draft requirements are finalised and the work with ACER around the report samples is complete. 6 REMIT Reporting

7. 7 Questions