Scale of the DS3 market: Great Expectations or For Whom the Bell Tolls?

This week Eirgrid announced a delay in the volume capped DS3 procurement of a subset of system services for high availability technologies (e.g. demand side units, batteries, flywheels). With this delay and the current Storm Emma related high winds, it is a relevant time to consider the potential impact of stakeholder expectations on the future of DS3.

This blog considers short term investor confidence in the DS3 procurement, and the medium-term viability of the Regulatory Authorities’ (RA) proposed budgetary cap.

Related thinking

Low carbon generation

Q4 2023 All-Island Power Market Outlook to 2030 overview

This report provides an annual overview of trends for the All-Ireland Power Market out to 2030 using outputs from Cornwall Insight’s latest forward curve for the All-Island (AI) Single Electricity Market (SEM) covering Northern Ireland and the Republic of Ireland. This publication is based on comprehensive market and asset-level power...

Net zero corporates and ESG

Q3 2023 All-Island Power Market Outlook to 2030 overview

This report provides an annual overview of trends for the All-Ireland Power Market out to 2030 using outputs from Cornwall Insight’s latest forward curve for the All-Island (AI) Single Electricity Market (SEM) covering Northern Ireland and the Republic of Ireland. This publication is based on comprehensive market and asset-level power...

Net zero corporates and ESG

Q2 2023 All-Island Power Market Outlook to 2030 overview

This report provides an annual overview of trends for the All-Ireland Power Market out to 2030 using outputs from Cornwall Insight’s latest forward curve for the All-Island (AI) Single Electricity Market (SEM) covering Northern Ireland and the Republic of Ireland. This publication is based on comprehensive market and asset-level power...

Net zero corporates and ESG

Q1 2023 All-Island Power Market Outlook to 2030 overview

This report provides an annual overview of trends for the All-Ireland Power Market out to 2030 using outputs from Cornwall Insight’s latest forward curve for the All-Island (AI) Single Electricity Market (SEM) covering Northern Ireland and the Republic of Ireland. This publication is based on comprehensive market and asset-level power...

Low carbon generation

Understanding the evolution of the Irish electricity markets

The Irish electricity sector has undergone significant change in recent years. The Integrated Single Electricity Market (I-SEM) arrangements introduced in 2018 fundamentally transformed the market framework to maximise competition, facilitate electricity wholesale trading, and incentivise the development of low-carbon generation sources. In parallel the physical system continues to evolve rapidly....

Low carbon generation

Government publishes Ireland’s Climate Action Plan 2023

This article is an extract from our Energy Spectrum Ireland service, which is a monthly publication and weekly news bulletin covering key developments in the Irish and Northern Irish energy sectors. If you are interested, we are currently offering a free trial which you can sign up to by filling...

Commercial and market outlook

Delays to onshore wind investment increase long-term power prices in Ireland

Note: Cornwall Insight Ireland release the 'All-Island Power Market Outlook 2023' on a quarterly basis. The increase in long-term power prices refers to the comparison with our Q3 Power Market Outlook released in October 2022. Data from our fourth - ‘All-Island Power Market Outlook to 2030’ – has forecast that...

Net zero corporates and ESG

Q4 2022 All-Island Power Market Outlook to 2030 overview

This report provides an annual overview of trends for the All-Ireland Power Market out to 2030 using outputs from Cornwall Insight’s latest forward curve for the All-Island (AI) Single Electricity Market (SEM) covering Northern Ireland and the Republic of Ireland. This publication is based on comprehensive market and asset-level power...