05/12/2023

Dublin Array: RWE awarded with Contract for Difference (CfD)

Source: RWE

Now there will be a period of scrutiny, before EirGrid can formally confirm the auction results. If Dublin Array’s success is formally confirmed on 14 June, RWE’s next steps will be to submit an application for consent, while also completing the final stages of detailed design and procurement.

Official Press Release RWE:

RWE delighted with provisional Contract for Difference win for Dublin Array in first Irish offshore auction

Wind Industry Profile of

· The 824 megawatts offshore wind project would be RWE’s first offshore wind farm off the coast of Ireland · Provisional result winners await formal Contract for Difference award on 14 June, before progressing with development consent application

RWE, one of the world’s leading offshore wind companies, was today delighted to be provisionally awarded a Contract for Difference (CfD) in the first Irish Offshore Renewable Electricity Support Scheme (ORESS1) auction, run by Irish Grid operator EirGrid. The weighted average strike price of provisionally successful offers was €86.05/MWh. The provisional offer is for RWE’s Dublin Array Offshore Wind Farm, which would have a maximum installed capacity of 824 megawatts (MW), and is the... ... More: Official Press Release RWE