Wind auction signals better days for electricity consumers  

Pádraig Hoare, Environmental Correspondent, hears industry views on the actions needed to deliver on renewable energy's promise of cheaper consumer prices

Huge potential in offshore wind energy: The developers of  Codling Wind Park say that its expected capacity of up to 1,300 MW could supply the equivalent of over one million Irish homes with low-carbon, low-cost electricity. 

Ireland’s ambitions towards achieving a national target of 80% renewable energy have been frustratingly slow for many in the sector up to now — but this month, a sudden and unexpected shot in the arm has galvanised most.

The results of the country’s first-ever offshore wind auction on May 11 was described as “a landmark day for renewable energy”, with the average price at €86.05 coming in significantly lower than some had predicted.