This yr’s public sale noticed the Irish authorities provisionally allocate 959.85 MW of photo voltaic to 23 initiatives. The ultimate common value for PV is €0.10476 ($0.12)/kWh.
The provisional outcomes of Ireland’s fourth Renewable Electricity Support Scheme public sale (RESS 4) present that 23 photo voltaic farms might be awarded contracts, in line with Irish grid operator Eirgrid.
If profitable, these photo voltaic farms will present a mixed 959.85 MW of electrical energy capability to the Irish grid. This is the fourth public sale that has seen photo voltaic receiving a bigger share of allocations in comparison with onshore wind initiatives. In addition, the variety of photo voltaic initiatives provisionally awarded on this public sale is nearly double the 497 MW awarded within the earlier public sale, RESS 3, which led to September 2023.
The Irish authorities have additionally allotted 373.8 MW of wind energy capability for procurement. Eirgrid additionally reported that 503.9 MW of photo voltaic bids had been unsuccessful beneath RESS 4.
The ultimate common value of the public sale reached €0.09685/kWh, which is 4% decrease than the earlier spherical. The ultimate common costs for PV and wind expertise are €0.10476/kWh and €0.09047/kWh, respectively.
“Ireland stays probably the most costly nations to construct and function photo voltaic farms,” CEO of the Irish Solar Energy Association (ISEA), Conall Bolger, stated. pv journal. “It is sweet information that we’ve usually diminished prices, however there is a chance to enhance once more, particularly within the space of how we cost folks for connecting and utilizing the electrical energy system.”
Bolger stated that each extra megawatt of renewable capability is a victory within the battle towards local weather change. He admitted that the outcomes of the public sale gave a powerful probability to fulfill the federal government’s photo voltaic targets and steered that the PV sector may enhance.
Bolger additionally emphasised the necessity to look at the explanations behind these outcomes.
“Successful or not, these initiatives symbolize years of arduous work and dedication by the businesses and their advisors,” he stated. “We want to know what drives these outcomes with a purpose to maximize the volumes delivered in future auctions.”
ISEA has already highlighted the problem of failure charges after final yr’s public sale.
This yr’s public sale was held by Irish electrical energy operator EirGrid on August 28. The submission window for bidders closed at midday on the identical day. It opened on August 22. The ultimate outcomes for RESS 4 might be introduced on Sept. 25. Successful initiatives will obtain help for about 15 years in line with RESS phrases and situations.
In complete, within the first 4 auctions, photo voltaic was awarded 3,788 MW, representing 68% of the nationwide 2030 photo voltaic farm goal.
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