Grid bottlenecks could derail Europe’s renewable energy boom

Rystad Energy’s current base case forecast has Europe adding as much as 530 gigawatts (GW) of solar PV and onshore and offshore wind between 2022 and 2030, more than 66 GW per year on average. Furthermore, the share of solar and wind combined as a share of total installed capacity surpassed 10% in 2010 and…

MaresConnect response to Department of the Environment, Climate and Communications’ consultation on the Review of the Security of Energy Supply of Ireland’s Electricity and Natural Gas Systems of 19 September 2022

Wholesale Electricity and Gas Policy Division,Department of the Environment, Climate and Communications29-31 Adelaide RoadDublin 2D02 X285 28 October 2022 Department of the Environment, Climate and CommunicationsBy email: energyconsultation@decc.gov.ieResponse to consultation on Review of the Security of Energy Supply of Ireland’s Electricity and Natural Gas Systems   Dear Sir/Madam, MaresConnect Limited (MCL) welcomes the Department of…

EirGrid planning for decade of growth in electricity demand

Increasing demand and the retirement of older generating stations will likely create electricity supply challenges for the island of Ireland in the coming years, according to this year’s generation capacity statement (GCS). The GCS is published annually by EirGrid and examines the likely balance between electricity demand and supply in the period up to 2030. …

Inside Britain’s energy crisis – and how to fix it

Wind farms deliver almost a fifth of Britain’s electricity, but a freak anticyclone has hovered over Western Europe since mid-August, bringing calmer weather and low wind speeds, sapping power production.  According to energy consultant Cornwall Insight, wind typically accounts for 18pc of the nation’s power mix, a share which has dropped to just 2pc in…

Electricity bills should fall marginally after CRU cuts PSO levy

The PSO levy is paid by all electricity customers in Ireland and is used to support the renewable energy sector. Following a review of the PSO cost submissions, the CRU’s final calculation is that a PSO levy of €263.70 million will be required for the 2021/22 PSO year. This represents a decrease of €129.43 million…