Eire picks 1.9 GW of provisional winners in RESS 2 public sale

Could 23 (Renewables Now) – Eire’s EirGrid on Friday introduced that over 1.9 GW of wind and photo voltaic initiatives have secured contracts within the nation’s second Renewable Electrical energy Assist Scheme 2 (RESS 2) public sale.

In response to provisional outcomes launched by state-owned electrical energy transmission operator, 80 initiatives have gained contracts with a assured worth for energy. They had been chosen from a basket of 130 proposals which have taken half within the aggressive procurement spherical.

The cumulative capability of the acquired bids was 2.9 GW.

By way of pricing, the typical strike worth throughout the profitable initiatives is EUR 97.87 (USD 103.69) per MWh, as in comparison with EUR 74.08/MWh within the inaugural 2020 spherical.

Photo voltaic was the dominant know-how within the bidding course of, with photovoltaic (PV) initiatives securing the majority of the awarded capability, or some 1.53 GW, whereas round 14% was left for wind. In all, 11 onshore wind initiatives totalling 414 MW have been awarded contracts.

The total listing is on the market on EirGrid’s web site.

The chosen initiatives have been provisionally accredited by Eirgrid, whereas the outcomes will have to be greenlit by the federal government. The contracts that will probably be awarded will present assist for as much as 16.5 years. The ultimate public sale outcomes are as a consequence of be introduced on June 15.

In its first renewable power public sale held in 2020, Eire awarded 1.28 GW of photo voltaic and onshore wind capability.

(EUR 1.0 = USD 1.060)

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