
Policy Advisor
1 week ago
The CRU has developed a policy decision aimed at striking a balance between customer interests and competition, while supporting offshore wind development in line with Government objectives.
Key Objectives:- Reduce uncertainty in Phase 2 ORESS auctions through the introduction of more competitive auction processes.
- Minimize costs for Irish consumers by optimizing the Public Service Obligation levy.
- Enhance offshore wind development opportunities in alignment with national energy policy goals.
The CRU has carefully weighed its statutory duties under the Electricity Regulation Act 1999 to create this decision. The outcome will have significant implications for offshore wind generation projects seeking connection to the transmission grid.
Key Outcomes:The policy decision will lead to reduced costs for Irish consumers and increased competitiveness in the renewable energy sector.
The CRU aims to promote sustainable growth and support the development of offshore wind generation projects in Ireland.
This decision will contribute to a more efficient and effective renewable energy market in Ireland.
Offshore wind projects can expect improved connectivity options and streamlined regulatory frameworks as a result of this policy decision.
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