In the event of a project in REFIT 1 not being in a position to meet the date to which it has been granted an extension in time to, the project can apply to transfer into REFIT 2. Provided the developers submit a fully completed application and can meet the terms and conditions of REFIT 2 and there is sufficient capacity in the scheme available, then the project would be entitled to a REFIT 2 letter of offer.
By way of information, there is over 3,500MW of capacity currently available in the REFIT 2 scheme. A copy of the REFIT 2 Application and Terms & Conditions can be found on the Department’s website (www.dcenr.gov.ie), including a form for those projects transferring from REFIT 1 into REFIT 2. Projects may only remain in the REFIT 1 scheme up to the date to which they have been granted an extension in time. They may apply to transfer into REFIT 2 at any time, but should be aware that the timing for the processing of applications will depend on the completeness and accuracy of the application submitted.
As regards projects having been included in the CER PSO Decision that are subsequently not developed in that period, there is a Commission for Energy Regulation (CER) Decision (CER 08/236), which provides a mechanism, known as the “R” factor to deal with corrections required to the amounts included in the Public Service Obligation (PSO). The supplier who has entered a REFIT Power Purchase Agreement with a generator and who notified the project to CER for inclusion in the PSO Decision should advise the CER of the situation and they will undertake the necessary R factor correction and make any necessary arrangements.
As regards the statutory instrument published by the Department, an annual statutory instrument is introduced to provide for updated information on the projects being included in the annual PSO Decision taken by the CER. Any required modification to the Order will be made at that time.
