Auction results suggest Ireland is not on track to reach climate targets

There were more than 20 successful bidders in Ress3, including Statkraft which secured a solar project in Cork and a solar project in Wexford.

The auction had the smallest volume of renewable energy bidders of all three auctions to date and for the highest average price of €100.47 per megawatt per hour.

The results of the latest auction for onshore renewable energy projects indicated Ireland is not on track to reach its 2030 climate commitments as planning delays repel developers.

The Renewable Energy Support Scheme 3 (Ress3) results, published by the national grid operator Eirgrid, were “massively undersubscribed” said Statkraft VP and director for Ireland wind and solar projects, Donal O’Sullivan.