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bidding
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Low carbon generation
Financial opportunities in RESS-1
The proposed new Renewable Energy Support Scheme (RESS) will provide support to renewable electricity projects in Ireland. The scheme will be a competitive auction based funding mechanism with a primary focus on cost effectiveness. The RESS-1 auctions are actively targeting between 1TWh – 3TWh of renewable energy that can be...
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Low carbon generation
Record low clearing prices in Contract for Difference Allocation Round 3
Record low clearing prices in Contracts for Difference (CfD) Allocation Round 3 indicate the continued and rapid cost reductions for offshore wind resulting from competitive auctions. Prices below £40/MWh (in 2011-12 money) are extremely low in the context of previous auctions. Even when converted to 2018 money, these equate to...
