Prices of renewable energy at state auction ‘won’t be pretty’, say experts | Business Post

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Prices of renewable energy at state auction ‘won’t be pretty’, say experts

There is considerable frustration in the renewables sector that average prices are not coming down as the industry matures and projects reach economies of scale. Picture: Getty

The average price of renewable energy is set to rise considerably this year, as soaring project costs, long lead times for grid connections and delays in the planning system will drive up bid prices from developers in the state’s latest Renewable Electricity Support Scheme auction, theIreland’s second RESS auction is due to open for submissions in the first week of May, and senior figures in...

 

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