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ARTICLE · 11 AUGUST 2023

RESS 3 Update: Provisional Qualification Decision & Revised RESS 3 Terms & Conditions

William Fry LLP
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The final qualification decision date is scheduled for 1 September 2023, with bidding opening on 8 September 2023 and final auction results anticipated on 9 October 2023.

IrelandEnvironment
Fergus Devine
Fergus Devine
Máire O'Neill
Máire O'Neill
Ciarán Herlihy
Ciarán Herlihy
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Today marks an important date for prospective bidders in the third onshore auction under the Renewable Electricity Support Scheme (RESS 3), as the Government publishes its provisional qualification decision on a member private basis via the RESS Auction Platform.

The final qualification decision date is scheduled for 1 September 2023, with bidding opening on 8 September 2023 and final auction results anticipated on 9 October 2023.

RESS 3 – a Recap

The Renewable Electricity Support Scheme (RESS) is an auction-based scheme which invites renewable electricity projects to bid for capacity and receive a guaranteed price for the renewable electricity they generate. RESS 3 will be the third onshore auction run by the government to procure renewable generation capacity for the Irish electricity system and is a key pillar of the Government's drive to meet its environmental commitments under the Climate Action Plan 2023.

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