Riviera | First Irish auction probably too early for offshore wind

James Goldsmith discussed the recent announcement of the first Renewable Electricity Support Scheme (RESS) with Riviera. Explaining that due to the short delivery time for the RESS-1 auction of 2.5 years between the auction and energisation date, offshore wind is unlikely to be able to enter the auction successfully.

There is still a lack of clarity around offshore licencing and grid connection arrangements that would make developing those assets challenging in the timeframe, and said that, at the moment, talk in the industry is of either RESS-2 or RESS-3 being targeted by the government for getting offshore wind built-out in Ireland.

James Goldsmith, Senior