Dáil Éireann Debate, Tuesday - 26 July 2022
163. Deputy Holly Cairns asked the Minister for the Environment, Climate and Communications the progress made in the development of new conventional generation as outlined in the Policy Statement on Security of Electricity Supply. [41751/22]
View answerThe running of the capacity auction process is by the Transmission System Operator Eirgrid according to the auction design and under overall regulatory supervision of the SEM Committee. There has been two capacity market auctions held since the Policy Statement on Security of Electricity of Supply was published, with a further auction scheduled for Q1 2023. Information on the results of recent capacity auctions can be accessed at the following link www.sem-o.com/markets/capacity-market-overview/.
In addition to this, the CRU has also directed Eirgrid to procure temporary generation as part of a programme of work published in September 2021 to provide additional stability and reliance to the Irish energy system over the next four to five years. On 27 June 2022, the CRU published an update on the actions within the programme and this is available on their website. The update notes that the public procurement exercise for the first tranche of 200MW is currently in the final stages, while a process to procure a second tranche of 450MW has now commenced.
