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ARTICLE · 28 SEPTEMBER 2023

EirGrid Releases RESS 3 Provisional Auction Results

William Fry LLP
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A total of 36 projects applied to participate in the RESS 3 qualification process. Of these applications, 33 projects qualified, one project did not qualify and two projects formally withdrew...

IrelandEnergy and Natural Resources
Fergus Devine
Fergus Devine
Máire O'Neill
Máire O'Neill
Ciarán Herlihy
Ciarán Herlihy
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RESS 3 is the third auction held under the Irish Government's Renewable Electricity Support Scheme. See our recap of RESS here.

Provisional Results

EirGrid has now published the provisional results of the RESS 3 auction.

Statistics to note arising from the provisional results, include:

1. A total of 36 projects applied to participate in the RESS 3 qualification process. Of these applications, 33 projects qualified, one project did not qualify and two projects formally withdrew from the process.

2. The strike price for the provisionally successful applicant was €100.47/MWh, which is a slight increase on the RESS 2 price of €97.87/MWh.

3. Of the qualifying projects, 23 bids have been provisionally designated as successful, consisting of 20 solar projects (with a total capacity of 497.6MW) and 3 onshore wind projects (with a total capacity of 148.4MW).

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