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IDA
GLOSSARY
Intraday Auction
GLOSSARY
Interim Design Acceptance Confirmation. An interim DAC provided to developers of nuclear power stations going through the GDA which signals that the ONR is satisfied with how designers intend to resolve any outstanding GDA issues (see DAC).
IDC
GLOSSARY
Intraday Continuous
NEWS
The European Insurance and Occupational Pensions Authority (EIOPA) has published draft regulatory technical standards (RTS) adapting the base euro amounts for professional indemnity insurance (PII) and for financial capacity of intermediaries under the Insurance Distribution Directive (IDD).
IDM
GLOSSARY
Intraday Market
PRACTICE NOTES
What is an Independent Distribution Network Operator (IDNO)? Electricity is conveyed from the generator (where it is produced) to the consumer (through an electricity supplier) by means of transmission and distribution networks. These networks are often collectively referred to as ‘the grid’ (although ‘the grid’ was traditionally a shorthand for just the transmission system, and is therefore sometimes still used in that way). For more information on: • electricity generators, see Practice Notes: Licensing of GB electricity generation and storage and Great Britain electricity generation, distribution and supply licensing and exemptions regime • electricity transmission networks, see Practice Notes: Licensing of GB Electricity Transmission, The role of National Grid in the Great Britain energy market and The Split of National Grid’s Transmission Owner (TO) and System Operator (SO) Roles and Licences [Archived] • electricity distribution networks, see Practice Notes: Licensing of GB electricity distribution and Great Britain electricity generation, distribution and supply licensing and exemptions regime A generator may be connected to the high-voltage ‘National Electricity Transmission System’ (NETS) or directly to a (mainly) low-voltage ‘distribution
NEWS
The International Energy Agency (IEA) has launched a new Energy and AI Observatory to monitor and analyse the growing interconnections between artificial intelligence (AI) and the energy sector, which is noted to be a first-of-its-kind platform. The Observatory provides up-to-date data on electricity demand from data centres and showcases how AI is being used to optimise energy systems. Its release follows the IEA’s April 2025 special report on Energy and AI, which projected that electricity demand from AI-optimised data centres could more than quadruple by 2030. The Observatory was first announced at the AI Action Summit in February 2025 by IEA Executive Director Fatih Birol.
NEWS
The Institute of Economic Affairs (IEA) has published a discussion paper on replacing the Serious Fraud Office as a new focus on fraud prevention.
NEWS
The International Energy Charter (IEC) has announced it has received written notification of Spain's withdrawal from the Energy Charter Treaty (ECT). The withdrawal will take effect on 17 April 2025.
NEWS
The Government of the Portuguese Republic, acting as the depositary of the Energy Charter Treaty (ECT) and the Energy Charter Protocol on Energy Efficiency and Related Environmental Aspects (PEEREA), has confirmed receiving a notification from the Kingdom of Norway regarding its decision not to become a contracting party to the ECT and PEEREA; as well as from the Kingdom of Denmark which will become effective on 4 September 2025. As per Article 47(3) of the ECT, all investments covered by the Treaty at the time of withdrawal will continue to receive protection for 20 years from that date.
IEM
GLOSSARY
Internal Energy Market
NEWS
The Institute of Environmental Management and Assessment (IEMA) has published new guidance, titled ‘Business Actions on TNFD: A primer on roles and reporting using the Taskforce on Nature-related Financial Disclosures Framework’. This guidance, produced by the IEMA’s Biodiversity and Natural Capital Network, aims to assist small and medium enterprises (SMEs) in engaging with the Taskforce on Nature-related Financial Disclosures (TNFD) Framework. It provides an overview of the TNFD Framework and signpost resources, as well as how it helps businesses, enabling SMEs to effectively manage nature-related risks and adapt to the nature-related disclosures process.