RESS 4 auction ‘misses 2030 targets’
- Admin
- Sep 16, 2024
- 1 min read
Recent analysis from Cornwall Insight indicates that Ireland's fourth Renewable Electricity Support Scheme (RESS 4) auction falls short of the necessary procurement for the government to achieve its 2030 electricity decarbonisation goal. The data highlights the gap in solar and onshore wind capacity by 2030, which could leave Dublin significantly below the required targets. The article emphasizes the need for a total of 17GW of onshore wind and solar capacity by 2030 to reach the 80% renewable electricity sourcing goal. Several insights are provided on the outcomes of RESS 4, including significant solar and onshore wind capacity secured compared to previous auctions, while acknowledging the challenges and improvements needed for future auctions to meet decarbonisation targets.
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