Eirgrid reveals the winners of Ireland's first offshore wind auction

The bids are significantly above those secured by other countries.

The participants of the auction confidentially submitted a bid price to EirGrid between April 27 April and May 3. This is the price, per megawatt-hour (MWh), at which they are seeking a contract to provide electricity.

Four planned wind farms to be located on the east and west coasts were successful in Ireland's first auction for the generation of electricity from offshore wind.

The auction happened under the Renewable Electricity Support Scheme (ORESS), which guarantees future prices. More than 3GW of capacity has been procured from the four offshore wind projects, three to be located in the Irish Sea and a fourth off the Connemara coast, which will deliver more than 12 Terawatt-hours of renewable electricity per year, equivalent to over a third of Ireland’s entire electricity consumption this year.