The Irish government has confirmed new details surrounding the country’s eagerly anticipated renewables auction, due to kick-off next year. Yesterday the country’s Department for Communications, Climate Action and Environment (DCCAE) published terms and conditions for the first round of its Renewable Electricity Support Scheme (RESS) auction, having earlier this month finally rubber-stamped preliminary details. Included within the terms are details surrounding the inner-workings of the process, which will take a Contracts for Difference-styled auction based around potential projects coming forward with a strike price for generation. The auction itself will be administered by Ireland’s transmission system operator EirGrid. The body will also decide on project qualifications for the auction, inviting qualifying projects to submit formal bid bonds prior to the auction date.
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