Renewable energy prices rise by more than 30% after latest state support auction

Energy

The average price of renewable energy from the state’s latest Renewable Electricity Support Scheme auction has increased to almost €100 per megawatt hour . Results released by Eirgrid on Friday evening show the average price of renewable energy from successful bids to the 2022 RESS auction stood at just under €98 per MWhr, which is a 32 per cent on the previous auction.

Source: Energy Industry News (energyindustrynews.net)

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