About Successful bid price of wind solar storage project in Ireland 2026
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4 FAQs about [Successful bid price of wind solar storage project in Ireland 2026]
How much does a wind farm cost?
Just three wind farms (148MW) and 500MW of solar were deemed successful in the provisional results announced by EirGrid at the end of September 2023. The average price for all projects is €100.47 per megawatt hour, an increase compared to €97.87 for RESS 2.
Which ESB solar projects are accepted?
Gromane Limited’s Farranroy Wind Farm is offering 43.2 MW, while Bradan Wind’s Bradan Wind Farm is 4.2MW. Of the 20 solar projects accepted, ESB Solar’s Tracystown Solar Park is the largest of all the projects accepted at 101.1MW, and projects range in size down to the Tead More Solar project (3.95MW), the smallest successful applicant.
How does a curtailment affect wind & solar projects?
Curtailment: The Government’s introduction of Unrealised Available Energy Compensation in RESS 3 mitigates the revenue loss risk for wind and solar farms due to grid curtailments. This significant move allows projects to bid lower.
What is the price cap for wind energy?
Price cap: The Government set the price cap at €93.50 for wind energy (€110 for solar), preventing many wind projects from competing unless they bid below the cap. Some projects withdrew from the RESS process upon the cap’s announcement, reducing the available renewable energy in the auction.
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