Irish Gov’t to Roll First Tender under Renewable Energy Scheme in 2019

The renewable energy scheme would also incentivize sufficient renewable energy generation to meet national and EU-wide renewable energy and decarbonization targets out to 2030.

renewable energy scheme

Adding to the enhancement of renewable energy sources, Ireland approved of its long awaited Renewable Electricity Support Scheme (RESS).

The scheme aims at recognizing the country’s potential clean energy outlets with an enhanced use of renewable energy sources.

The scheme would also incentivize the introduction of sufficient renewable electricity generation to meet national and EU-wide renewable energy and decarbonization targets out to 2030.

The government also aims to deliver tenders under RESS at regular intervals for the lifetime of the scheme in order to achieve the target of obtaining 55 percent of electricity from renewable energy sources.

Minister Denis Naughten said, “This renewable energy Scheme will mark a shift from guaranteed fixed prices for renewable generators to a more market-oriented mechanism (auctions) where the cost of support will be determined by competitive bidding between renewable generators. The RESS is a critical step in bringing Ireland to a leadership role in relation to renewable energy, climate action, and energy efficiency. Communities are central to the design of the new Scheme and this will have a transformative impact on renewable energy projects right across the country.”

The scheme also involves community led measures and support therein as well as meeting the governments stated policy of diversifying the country’s renewable energy portfolio.

Source: Cleantechnica

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