Back in April of this year, following Amazon’s announcement of Ireland’s first unsubsidised corporate power purchase agreement (CPPA), we asked if this Amazon deal signalled growth in this sector or whether this would be an isolated example. Since then, the Irish Government published the Climate Action Plan (CAP) in June, stating an ambition to meet 15% of electricity demand by renewable sources contracted by way of CPPAs. This week we also heard the news that Amazon Web Services (AWS) has signed a second unsubsidised CPPA in Ireland, to purchase electricity from a proposed 23.3MW wind development in County Cork. In this blog, we revisit the Irish CPPA sector and assess whether the government’s ambition is about to become a reality.
Related thinking
Low carbon generation
Our Renewables Pipeline Tracker: In with the new – scoping projects and progression through planning stages
Our latest Renewables Pipeline Tracker was published on 11 June, and this blog provides a summary of some of the recent developments in our coverage of the pipeline for new build and repowering renewables assets in GB. What’s new? Seabed leasing rounds, scoping projects and CfD announcements Since our previous...
Commercial and market outlook
Data centres predicted to become prosumers of electricity
In combination with Cornwall Insight and Bit Power, Host in Ireland published its Biannual report of Ireland’s Data Hosting Industry. The report highlights the importance of sustainability in Ireland’s digital transformation. The report confirmed the number of operational data centres in Ireland increased by 25 per cent over the past...
Energy storage and flexibility
Investor optimism sparks PPA competition
In recent months, Cornwall Insight has issued several of our regular subscription reports from our PPA Insights Service covering both renewable and flexibility Power Purchase Agreement (PPA) markets, namely the Green Power Forecast, Renewable PPA Market Share and Flexible PPA Market reports. As part of these reports, we conduct surveys...
Announcement
Your invite to our wholesale Summer Outlook 2021 webinar
We are delighted to invite you to our wholesale Summer Outlook webinar. On 12 May, Cornwall Insight will be hosting an open webinar covering our independent views, analysis and outlook of the upcoming summer 2021 period. As part of this session, we will explore a range of both historic and...
Commercial and market outlook
In the midst of the Australian Energy Transformation Process
Australia is in the midst of an energy supply and distribution transformation. This transition is twofold and includes not just bridging the gap from conventional fossil fuels to renewable technologies (due to their reduced carbon footprint, lower levelized cost of energy and improved reliability levels by comparation), but also requires...
Low carbon generation
Nuclear energy and its potential importance for net zero
This article was originally written as a longer piece in Energy Spectrum on 21 March 2021. To find out more about a subscription to Energy Spectrum, please contact Nick on n.palmer@cornwall-insight.com. Nuclear energy has been an integral part of the UK’s electricity system for many decades. Currently, nuclear provides around...
Low carbon generation
Up north and down south – trends for generator TNUoS charging
The topic of generator Transmission Network Use of System (TNUoS) is becoming a subject of increasing interest for stakeholders as regulation, policy, and the generation mix create potential volatility for future charging trends. The significant costs posed through TNUoS are an important consideration for generators, with high variability between regions...
Net zero corporates and ESG
Sleeving Pools could enable local authorities to procure local energy
This blog post is adapted from an article in March’s issue of Energy net zero, published on 31 March. To find out more about a subscription to Energy net zero, please contact Veronica at v.truman@cornwall-insight.com. For many local authorities and corporates, development of small-scale renewables and consideration of generation production...
