The newly formed Irish government, comprising Fianna Fail, Fine Gael, and Independent coalition members, has made a strong commitment to accelerate the deployment of renewable energy sources. This initiative is outlined in a government program published recently, which retains ambitious targets for both onshore and offshore wind energy.
Key Commitments:
- Wind Energy Goals: The coalition has set targets of 9GW for onshore wind and 5GW for offshore wind, aiming to stimulate growth in these sectors.
- Annual RESS Auctions: The government plans to hold at least one Renewable Electricity Support Scheme (RESS) auction each year to facilitate the procurement of renewable energy projects.
- Fast-Tracking Offshore Wind: Development of offshore wind will be expedited by prioritizing new lease areas, which is expected to enhance project timelines and implementation.
- Port Upgrades: A strategic, regionally balanced approach will be adopted for upgrading ports to maximize the economic potential of offshore wind projects.
- Grid Investment and Planning Overhaul: The government has called for significant investments in grid infrastructure and a comprehensive overhaul of the planning process to support renewable energy expansion.
- Exploring Funding Models: There will be an exploration of funding models related to the RESS and the Public Service Obligation (PSO) levy, with the aim of reducing electricity bills for households and businesses.
- Investment in Electricity Transmission: The administration is committed to ensuring that necessary investments are made in the electricity transmission and distribution systems by grid operators.
These initiatives reflect the government’s dedication to enhancing Ireland’s renewable energy landscape and addressing climate change challenges.
Learn more:
- Ireland election: Will the next government deliver on wind power? | Windpower Monthly
- eolas Issue 57 by bmf business services – Issuu
- New data reveals Irish renewables auction fell short of critical 2030 targets – PES – Power & Energy Solution
