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Auctions
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Press Releases
Ireland must accelerate renewables expansion to avoid falling short on climate targets
Analysis conducted by Cornwall Insight Ireland has unveiled that Ireland must significantly increase its renewable’s procurement efforts if it is to meet its ambitious Climate Action Plan 2023 (CAP23) targets. Cornwall Insight’s All-Island forward curve analysis indicates that an additional capacity of nearly 1GW must be secured at every eligible...
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Press Releases
Evaluating the T-3 Capacity Market auction
On Friday 31 January the EMR Delivery Body (National Grid ESO) published the provisional results of the T-3 Capacity Market (CM) auction for the delivery year 2022-23. The clearing price was £6.44/kW/year, the auction procured 45,058.8MW of de-rated capacity. Lee Drummee Analyst at Cornwall Insight takes a look at the...
