The new Irish Capacity Remuneration Mechanism (CRM) T-1 auction was held on the 15th of December. In this week’s blog, we examine the results that were published by Eirgrid and SONI on the 26th January.
The auction cleared at 38,104.88 £/MW or 41,800.00€/MW with 100 Capacity Market Units submitting an offer and 93 units being allocated awarded capacity. Only 174.6MW of new de-rated capacity was successful, mostly demand-side response and a 1.85MW gas turbine.