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Daily Bulletin

Ireland Weekly Bulletin Issue 186

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Ireland Weekly Bulletin Issue 186

Cat Sturman
Cat Sturman

Policy

  • Major review will assess the actions required to reach 70% renewable electricity
  • €11mn in funding set to accelerate clean energy projects across Ireland

Regulation

  • SEMO to be exempt from publishing incorrect repricing
  • CRU decides on updates to Supplier Handbook
  • CRU confirms price comparison websites’ continuing accreditation
  • RoI supplier spot check reveals high levels of compliance
  • UR issues licence changes to implement small business market measures
  • UR proposes financial penalty on Click Energy
  • SEMC confirms generator testing tariffs

Industry & markets

  • ESB and Equinor partner to develop offshore wind projects
  • Irish-owned firm can seize over €8bn in assets following tribunal
  • Greencoat Renewables acquires three wind generation assets in 2019

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Daily Bulletin

Ireland Weekly Bulletin Issue 185

Ireland Weekly Bulletin Issue 185

Cat Sturman
Cat Sturman

Policy

  • Ireland is fined €5mn by the European Court of Justice for compliance failures
  • ESB failed to report a significant number of cable leaks from 1993-2019
  • Minister Bruton: Ireland’s exit from peat to be “accompanied by a Just Transition”
  • New Chairperson to the Board of EirGrid is announced
  • Government issues a consultation on its new National Marine Planning Framework
  • RESS-1 project briefing to commence

Regulation

  • CRU publish Q219 Electricity and Gas Retail Markets report
  • Decision announced on Trading and Settlement Code parameters
  • 110MW of Volume Capped Services to be provided
  • Consultation published for Step 4 of Celtic Interconnector Project
  • CRU approve three sections of Ballough Bypass Pipeline
  • Amendments requested to TSOs Operational Agreements
  • SEMOpx expected to recover €1.5mn less revenue
  • New signal requirements announced by EirGrid
  • Deadline for consultation on MRP of electricity to ULEVS extended

Industry & markets

  • Bord Gáis Energy Index: Oil prices fall 3% as demand continues to deteriorate
  • RES secures 98MW of wind assets across the UK and Ireland

This is a subscription product, please log into your Cornwall Insight Group Log In to view, or contact c.sturman@cornwall-insight.com for further information.

Daily Bulletin

Ireland Weekly Bulletin Issue 184

Ireland Weekly Bulletin Issue 184

Cat Sturman
Cat Sturman

Policy

  • Minister Canney opens Climate Action conference for Geological Survey Ireland
  • New environmental levies are launched ​​

Regulation

  • UR consults on removing Maximum Resale Price for electric vehicle charging
  • UR retains 2% margin for SSE Airtricity Gas Supply’s price control
  • CRU updates change of supplier figures for September switches

Industry & markets

  • ESB confirms the closure of two peat-powered generating plants
  • Flogas acquires Just Energy’s business in Ireland
  • Renewables contributed for 54% of Ireland’s generation mix in October
  • 11,000 scientists call for a global emphasis on energy efficiency
  • Mainstream Renewable Power closes its wind and solar finance deal in Chile
  • Equinor makes major oil and gas discovery in the North Sea

This is a subscription product, please log into your Cornwall Insight Group Log In to view, or contact c.sturman@cornwall-insight.com for further information.

Daily Bulletin

Ireland Weekly Bulletin Issue 184

Ireland Weekly Bulletin Issue 184

Cat Sturman
Cat Sturman

Policy

  • Ireland launches its Climate Action Charter
  • Government’s releases its First Progress Report on Climate Action
  • Government announces the terms for its oil exploration ban

Regulation

  • SEMC approves modification to Balancing Market pricing
  • EirGrid announce finalised TES 2019

Industry & markets

  • PwC Oil and Gas Survey Ireland 2019
  • Statkraft acquires nine solar projects in Ireland
  • EPH acquires an 80% stake in Tynagh Energy
  • Electric Ireland signs €60mn contract to deliver up to 177,000MWh electricity

This is a subscription product, please log into your Cornwall Insight Group Log In to view, or contact c.sturman@cornwall-insight.com for further information.

Daily Bulletin

Ireland Weekly Bulletin Issue 183

Ireland Weekly Bulletin Issue 183

Cat Sturman
Cat Sturman

Policy

  • Ireland exceeded its annual emissions by over 5mn tonnes in 2018
  • RGFI issues a business case to support Ireland’s biomethane industry
  • A ban on oil exploration “will make no difference to Ireland’s emissions”

Regulation

  • CRU consults on PSO Levy calculation post I-SEM implementation
  • CRU approves use of East West Interconnector revenues
  • Results from 2019 CRU Consumer Survey announced
  • UR announce decision to keep exit fees for small business customers

Industry & markets

  • ESB ecars implement pricing to support EV network expansion
  • Irish wind farms invest up to €2.5mn in rural communities in 2018

This is a subscription product, please log into your Cornwall Insight Group Log In to view, or contact c.sturman@cornwall-insight.com for further information.

Daily Bulletin

Ireland Weekly Bulletin Issue 182

Ireland Weekly Bulletin Issue 182

Cat Sturman
Cat Sturman

Policy

  • UK government could secure further powers to safeguard electricity supply for NI
  • Bord na Móna issue €1.6bn in investment to support Ireland’s climate goals
  • Retrofitting Ireland’s state buildings could cost more than €500mn
  • SEAI announce the winners of its 2019 Energy Awards
  • £3bn will be needed to ensure Translink can meet its renewable targets
  • Ireland, Wales and Cornwall form The Celtic Sea Alliance

Regulation

  • CRU decides on approach on residual error for smart meter upgrade
  • UR updates on REMIT advice for no-deal Brexit
  • UR issues NISEP framework document
  • Stage 3 of North Connacht 110kV project published

Industry & markets

  • Innogy and Saorgus to build €1.5bn wind farm in Dublin
  • Wind provided 27% of Ireland’s electricity generation in Q219
  • Hydrogen Mobility Ireland examine the benefits of hydrogen to ensure net zero

This is a subscription product, please log into your Cornwall Insight Group Log In to view, or contact c.sturman@cornwall-insight.com for further information.

Daily Bulletin

Ireland Weekly Bulletin Issue 181

Ireland Weekly Bulletin Issue 181

Cat Sturman
Cat Sturman

Policy

  • Ireland’s Budget 2020 to focus on climate action
  • Ireland’s Budget 2020 carbon tax rise: political parties respond
  • Increased uncertainty for the launch of a new ESB power station in Dublin

Regulation

  • CRU directs connections for T4 Capacity Auction successful generators in Dublin
  • Decision on Celtic Interconnector cost distribution issued

Industry & markets

  • The NTMA invests €9.5mn to accelerate energy storage projects
  • Electric and hybrid vehicles account for over 10% of all private cars licensed in 2019
  • Gas and electricity prices have fallen significantly, finds Naturgy

This is a subscription product, please log into your Cornwall Insight Group Log In to view, or contact c.sturman@cornwall-insight.com for further information.

Daily Bulletin

Ireland Weekly Bulletin Issue 180

Ireland Weekly Bulletin Issue 180

Cat Sturman
Cat Sturman

Policy

  • Government confirms a €530mn EU grant for a new Celtic Interconnector
  • Government to work with energy companies to assess future energy security
  • Taoiseach Leo Varadkar criticises UK electricity market proposals
  • Gas Networks Ireland reveals its vision to reach net zero
  • Public consultation on renewable energy in road transport launched
  • Public Consultation on the Biofuels Obligation Scheme announced
  • Revised zero energy housing regulations to commence in November 2019
  • Bord na Móna and Coillte to transform prior peat land into native woodland
  • State faces ongoing legal challenge to Shannon LNG terminal

Regulation

  • Volume Capped procurement results announced
  • SEMC defers action on reform proposals to address Balancing Market volatility
  • CRU issues four retail General Clarifications on existing framework for consumer protection
  • CRU sets out pass through costs for business electricity consumers
  • UR determines firmus energy gas price control for Ten Towns area
  • UR requests amendments to SONI’s proposals on EU Emergency Restoration network code
  • SONI to recover £24.74mn for I-SEM implementation

Industry & markets

  • Providence Resources to open up commercial discussions on Barryroe
  • Harland and Wolff are acquired by InfraStrata plc
  • Bord Gáis Energy reduces gas prices but hikes up electricity costs
  • NTMA to raise additional green bonds to support sustainable energy projects
  • Foresight acquires two operational wind farms

This is a subscription product, please log into your Cornwall Insight Group Log In to view, or contact c.sturman@cornwall-insight.com for further information.

Daily Bulletin

Ireland Weekly Bulletin Issue 179

Ireland Weekly Bulletin Issue 179

Cat Sturman
Cat Sturman

Policy

  • Ireland to become one of the first countries to stop oil and gas exploration
  • The Green Party responds to the Taoiseach’s UN Summit announcement

Regulation

  • SEMC reports on all-island fuel mix in 2018
  • CRU issues green source verification report
  • CRU reveals August change of supplier numbers
  • Call for Schemes announced for 2020-21 £7mn NISEP funding
  • All-Island Generation Capacity Statement for 2019-28 published
  • EirGrid and SONI announce Ten year Transmission Forecast Statement
  • EirGrid launches five-year plan to transform electricity system

Industry & markets

  • Providence Resources Responds to UN Climate Summit Action announcements
  • Ireland partners with Denmark and New York to unlock offshore wind opportunities
  • ESB to unveil new scheme to bill EV drivers for using charging networks
  • FIE win landmark case, removing industrial peat extraction within present systems
  • Think Tank calls for the removal of PSO for peat to accelerate renewable investment
  • ESB to recommence operations at Lough Ree power plant
  • 2,000 customers lose power as a result of lightning strikes
  • Mainstream Renewable Power signs renewable partnership with ENI
  • ESB reveals a €294mn operating profit in first half of 2019
  • Petrel Resources issues its half year results
  • Petrel Resources appoints Michel Fayad as a non-executive director

This is a subscription product, please log into your Cornwall Insight Group Log In to view, or contact c.sturman@cornwall-insight.com for further information.

Daily Bulletin

Ireland Weekly Bulletin Issue 178

Ireland Weekly Bulletin Issue 178

Cat Sturman
Cat Sturman

Policy

  • The Fuel Poverty Monitor reveals complexities in the NI energy market
  • NIIEA calls for support in drafting Northern Ireland’s first Environment Strategy
  • Government to focus on reducing emissions from plastics, food waste and packaging
  • The new Sustainable Development Goal Champions are announced
  • The Green Party launches its Just Transition Bill
  • An Bord Pleanála commits to raising energy efficiency by 33% by 2020

Regulation

  • Consultation published for licence modifications in the case of a No-Deal Brexit
  • SEMC consults on I-SEM operational and trading and dispatch parameters for 2020
  • SEMC determines terms of reference for 2019 market audit
  • Information paper to provide clarity on gas tariff calculations
  • UR publish supplier fuel-mix and CO2 emissions data from 2018
  • Modifications to allow NIE Networks to recover additional Capex
  • SEMC announce consultation on simultaneous capacity auction

Industry & markets

  • Climate activists lose High Court climate challenge against government
  • NTR attracts €229mn for the NTR Renewable Energy Income Fund II
  • ESB releases a tender for an EIA for offshore wind projects in Ireland and the UK
  • SSE Airtricity to supply eir with green energy
  • €4.5bn of new Irish data centres to be built by 2025
  • Tullow Oil makes its second oil discovery in the Guyana basin
  • Gas Networks Ireland grants €120,000 to fund Natural Gas Vehicles

This is a subscription product, please log into your Cornwall Insight Group Log In to view, or contact c.sturman@cornwall-insight.com for further information.

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