The Irish government has approved plans to accelerate the delivery of 5 GW of offshore wind capacity by 2030. The Policy Statement on the Framework for Phase Two Offshore Wind outlines how the first auction for offshore wind under the Renewable Electricity Support Scheme (ORESS 2) will launch by the end of 2023, following a public consultation on draft auction terms and conditions in mid-2023.
The first auction will relate to the delivery of offshore wind capacity on the south coast of Ireland, geographically aligned with available onshore grid capacity. This auction as well as all subsequent Phase Two auctions will result in the development of offshore wind capacity within 'Offshore Renewable Energy (ORE) Designated Areas'. In addition, the government has confirmed that the maximum offer price for ORESS 1 will be €150/MWh.
Ireland aims to source 80% of its electricity from renewables by 2030, as affirmed in the Climate Action Plan 2021 and in the updated 2023 Plan.
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