Monday June 1, 2020

Auctions will offer guaranteed price for renewable electricity

Projects to bid for contracts under plan ‘designed to deliver on our commitments to decarbonise our electricity grid’

Daniel Murray

Business Reporter

2nd December, 2019
The Renewable Electricity Support Scheme will be open to a range of technologies, but is likely to be dominated by wind and solar power

A new era of renewable electricity auctions has been announced by the government.

The Renewable Electricity Support Scheme (RESS) invites renewable electricity projects to bid for capacity and receive a guaranteed price for the energy they generate.

The first auction of the RESS was announced by Richard Bruton, the Environment Minister, this morning and is expected to open early next year.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Irish Water‘s appeal for conservation have failed to make impact, so now water body is mulling ban on the use of hoses

Michael Brennan | 1 day ago

Last week, we joined forces with environmental scientist Dr Tara Shine to share some easy switches you can make with sustainability in mind. This week, in a second extract from her book How to Save Your Planet: One Object at a Time, Dr Shine identifies five items from the garden and garage, and helps you to explore your options

Dr Tara Shine | 1 day ago

Minister for Foreign Affairs says his department is aware of the growing importance of the polar region

Daniel Murray | 1 week ago