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RESS
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Low carbon generation
Head to Head: CfD vs RESS
2022 has been busy for renewable developers in Great Britain and Ireland, with both the fourth allocation round of the Contracts for Difference (CfD) scheme and the second round of the Renewable Electricity Support Scheme (RESS) concluding this summer. We compared the latest results of the CfD and RESS schemes...
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Low carbon generation
PSO Levy 2022/23: RESS to the Rescue
This week we look at how renewable generation is putting money back in consumers’ pockets - a trend which, based on the power price forecast from our All-Island Forward Curve report, is expected to continue until 2027. Last week the Commission for Regulation of Utilities (CRU) published their final decision...
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Low carbon generation
RESS 2 – Five key insights
Higher costs drive up auction clearing price It’s been a tumultuous couple of years since RESS 1. As the world recovers from the COVID-19 pandemic and the conflict in Ukraine continues, stresses and strains are being felt across many sectors of the economy, and infrastructure is no exception. Pent up...
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Low carbon generation
RESS 2 by numbers
Last Friday, RESS 2 auction results were published, with nearly 2GW of new renewables projects successful in getting awarded a contract. We have put together an infographic that explains the auction outcome and what these projects will bring to our electricity system. We have also released a report with Wind...
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Commercial and market outlook
SEM articles of the year: All I want for Christmas is RESS-2
With COVID-19 dominating our everyday lives, we saw similar trends in our most popular articles for the year. Demand shifts were observed in domestic and industrial settings with working patterns shifting from offices to homes all around the country. It was also a landmark year for the renewables industry with...
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Low carbon generation
RESS-1 application closing date is further extended
With a lot of uncertainty around the impacts of COVID-19 on global supply chains and renewable project delivery we are starting to see the effects in the Irish Energy market, notably the announcement that prequalification for the Renewable Energy Support Scheme in Ireland will be extended. In December 2019, the...
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Low carbon generation
Impacts of COVID-19 on the renewable energy support scheme
With a lot of uncertainty around the impacts of Covid-19 on global supply chains and renewable project delivery we are starting to see the effects in the Irish Energy market, notably the announcement that prequalification for the Renewable Energy Support Scheme in Ireland will be extended. The global energy sector...
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Low carbon generation
Sail away: Offshore wind vs. RESS
Last week the European Commission proposed a “Climate Law” enshrining in legislation the objective of achieving climate neutrality by 2050. In this week’s blog, we consider the role of wind in achieving this goal, and Irelands role in the European Green Deal. As we would expect, the green deal identifies...
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Low carbon generation
Will the neighbourhood get a windmill?
With the Renewable Energy Support Scheme (RESS) auction scheduled to kick off this June, community projects have been given a special preference category as part of the auction design. The question remains, will this be enough to spark a change in how we develop, operate and own assets in the...
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Energy storage and flexibility
Wind Of Change: What’s this, more RESS talk!
There’s no shortage of speculation regarding the upcoming Renewable Energy Support Scheme (RESS) auctions, however, we should spare a thought for our friends in Eirgrid who own the challenge of operating this relatively highly dominated renewable energy saturated system. This challenge is getting tougher, with the forecasted additional wind and...
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Low carbon generation
Take That: Will solar applications see the light of RESS?
The capacity available through the Renewable Energy Support Scheme (RESS) will see competition high as the long-awaited subsidy scheme for renewables opens its auction doors on 16 June 2020. The RESS will provide relief to new entrants offering renewable capacity, following the closure of the Renewable Energy Feed-in Tariff which...
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Low carbon generation
Always sunny in RESS: The gang gets an auction
With the excitement around the potential for a rejuvenated renewable market, it is easy to overlook just how few projects could get a RESS contract at the auctions this June. With between 1GWh – 3GWh available, the competition could be high. Here, James Goldsmith looks at the size of the...
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Commercial and market outlook
Editor’s Pick Ireland | Taking advantage of the opportunities in RESS
The Renewable Energy Support Scheme (RESS) has been designed to replace the previous Renewable Energy Feed-in Tariff (REFIT) schemes that closed in December 2015. The RESS scheme is designed to help promote the generation of electricity from renewable sources and will ultimately help Ireland achieve some of its Climate Action...
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Regulation and policy
Getting RESStless: ECP-2 proposed decision
The process of applying for grid connections in Ireland has changed under the ECP process, allowing policymakers to prioritise certain projects. The first stage, ECP-1 occurred in 2018 and now the Commission for Regulation of Utilities (CRU) have published the Enduring Connection Policy Stage 2, or ECP-2 proposed decision. This week...
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Low carbon generation
Under pressure: Price cannibalisation in the SEM
After the publication of Project Ireland 2040 and Climate Action Plan 2019, it looks increasingly likely that renewables will be a significantly larger proportion of the generation mix. This development has and will increasingly see renewable projects look to the wholesale power market to underpin investment, a complicating factor of this...
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Low carbon generation
Ireland’s Climate Action Plan – closing the carbon gap
On 17 June, Ireland’s Department of Communications, Climate Action and Environment (DCCAE) published the Climate Action Plan 2019. The report sets out cross-sector objectives aimed at reducing the nation’s carbon emissions. In this week’s blog, we look more closely as to how this may be achieved. Click here to view full...
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Low carbon generation
One step beyond: First T-4 auction results
The CRM T-4 Capacity auction is one of the new procurement processes being rolled out in SEM that will determine the future make up of the generation portfolio. The other auctions that will have an impact over the coming year will be the DS3 capped procurement and the Renewable Electricity...
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Low carbon generation
Good thing: 70% renewables and the looming shortfall
The government has recently announced that Ireland will no longer be behind the rest of Europe when it comes to climate action. The announcement that 70% of electricity generated would come from renewables by 2030 was welcomed by many. It’s a great ambition but how realistic is it? In this...
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Low carbon generation
Through the dark: Transformation for community energy
Community energy generation in Ireland is currently at a nascent stage, but developments in 2019 could see it become a major player in energy generation. Most community energy funding is spent on energy efficiency rather than energy generation. Our research indicates that there is as little as 6MW of community-owned...
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Low carbon generation
Thunderstruck: participant behaviour and auction outcome
The move to I-SEM was ultimately intended to create a level playing field for all market participants to result in more competition. Nothing drives competition quite like a constrained auction and, for many developers, the Renewable Energy Support Scheme (RESS) Auction in 2019 (hopefully!) and thereafter will be their first...
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Low carbon generation
House of the Rising Sun… solar’s time to shine?
The eagerly awaited results of the first Enduring Connection Policy (ECP-1) batch application process have finally been released. This is a new system for granting connection offers for storage capacity and new generation that succeeds the previous non-Group Processing Approach (non-GPA) and “Gate” systems. The grid application process has been...
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Low carbon generation
Danger Zone: Ireland’s emissions pathway
The Department of Communications, Climate Action and Environment (DCCAE) released the terms and conditions for the Support Scheme for Renewable Heat (SSRH) on 7 August. DCCAE has recently been active in the environmental space, announcing the following since the beginning of June: €500 million Climate Action Fund; Sectoral Planning Guidelines...
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Low carbon generation
Every rose has its thorn: the importance of public awareness to domestic solar PV take-up
Minister Naughten announced that a new scheme for rooftop solar for residential customers, starting on the 31st of July. The new scheme sees a grant administered by the Sustainable Energy Authority of Ireland (SEAI) for domestic solar PV installation on houses built before 2011. The pilot grant will run until 2020...
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Low carbon generation
Revelation: RESS-ult?
The renewables sector cautiously welcomed the 24 July decision on the High-Level Design (HLD) of the Renewable Energy Support Scheme (RESS). The HLD’s emphasis on the first RESS auction supporting projects that could be built out by the end of 2020 energised the solar community. The Irish Wind Energy Association...
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Low carbon generation
Sunny afternoon – Ireland’s wind drought
As the sun continues to bathe Ireland and Northern Ireland, spare a thought for the System Operator (SO). This enduring, recent (and unlikely) spell of good weather has a noticeable impacted on renewable generation across the island. What Met Éireann termed “dry, settled weather” is due to a high-pressure system...
