Offshore wind turbine

Ireland Makes History With First Offshore Wind Auction.

The auction is a crucial landmark for the expansion of offshore wind in Ireland. As of now Ireland only has one small offshore wind farm of 25 MW.

Four projects with a combined capacity of 3 GW were awarded. The average price of the winning bids was €86/MWh, much lower than expected. The successful completion of the auction is a breakthrough for renewables in Ireland and critical to achieving the targets set in Ireland’s 2030 Climate Action Plan.

Ireland is now also working on a National Industrial Strategy for Offshore Wind – to be published in the first quarter of 2024. The Strategy aims to ensure that Ireland can build up the supply chain needed to deliver its offshore wind ambitions.

Find out more at WindEurope.

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