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Energy Spectrum Ireland

Issue 41

REFIT/AER decision: What is it likely to mean for future renewables support?

Matt High Editor

Last month the Department of Communications, Climate Action and the Environment (DCCAE) reached its final decision on how to adapt the existing Irish support schemes to the new wholesale market, I-SEM. The decision paper outlined that: the market revenue calculation for supported wind generators will now be the lower of either 100% of the Day Ahead Market (DAM) price or an 80:20 blend of the DAM and Balancing Market (BM) price; the market revenue calculation for supported peat, hydro and biomass generators ...

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