Provisional results for Ireland's first offshore wind auction under ORESS 1 have been announced, marking a breakthrough moment for offshore wind development in Irish waters.
A total of 3074 MW of support contracts has been awarded to bidding developers, including EDF Renewables/ Fred Olsen Seawind’s Codling Wind Park (1300 MW), RWE’s Dublin Array (824 MW), Statkraft’s North Irish Sea Array (500 MW) and Corio’s Sceirde Rocks (450 MW). 1175 MW of offered quantity was unsuccessful in the round.
The average price of the subsidy auction round was €86.05 / MWh, with the Irish Minister of the Environment, Climate and Communications noting it as one of the lowest prices paid in the emerging offshore wind market.
With the subsidy support scheme contracts secured, the next steps for the project will be to secure planning permission and grid connection agreements.
The next ORESS auction round is currently scheduled to open in 2024.
Image credit: EDF
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