Capacity Remuneration Market

  • Low carbon generation

    There is a light that never goes out: T-4 CRM qualification

    On 8 March the summary qualification results for the upcoming 2022/23 T-4 capacity auction were released, breaking down those qualified to bid by technology type. As previously noted, this auction is an important one as it will give an indication of the new capacity seeking to connect to the Irish...

  • Low carbon generation

    Ireland’s thermal plants sail into probing wind

    The level of wind penetration in Ireland is one of the highest in Europe. This has already had some major impacts on the market, including depressed wholesale prices; reduced running hours for some thermal plants; and curtailment of wind output. This week’s blog considers wider interactions of wind generation with...

  • Low carbon generation

    CRM auction: age isn’t everything

    Media reports in Ireland and Northern Ireland are raising concerns over the possibility of power plant closures. The threatened shutdowns arise due to the outcome of the T-1 Capacity Remuneration Mechanism (CRM) auction. The closures may commence as early as May 2018 if the coverage is to be believed. How...

  • Energy storage and flexibility

    Irish Capacity Market raises constraining questions

    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...