I am satisfied with the ESB's contracts for the purchase of electricity from AER1 and Thermie funded projects. Under the first alternative energy requirement scheme, (AER1), I awarded 34 contracts for the production of electricity from alternative energy sources. All capacity must be installed by the end of 1997.
I am happy to report that projects are progressing well. The Power Purchase Agreement for a 15MW wind farm in Donegal, one of the largest contracts awarded, was recently signed. By the end of 1996, I expect AER1 contracts for a total electricity output of at least 30MW to be signed.
Earlier this year I launched Renewable Energy — A Strategy for the Future. My strategy guarantees electricity market access for all Thermie funded renewable energy projects. The ESB in conjunction with my Department has prepared a special Power Purchase Agreement for Thermie projects and has made this document available to developers on request. I expect the contracts for the first of these projects, a 3MW wind farm, to be signed by the end of 1996.