ORESS Tonn Nua Offshore Wind Auction
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From: Department of the Environment, Climate and Communications
- Published on: 31 October 2024
- Last updated on: 23 December 2024
Government has today (31 October 2024) published the terms and conditions of Ireland's second offshore wind auction under the Offshore Renewable Electricity Support Scheme (ORESS). The Terms and Conditions set the framework for a competitive auction to take place in the first half of 2025 to select a single winner of ORESS two-way CFD support for a 900 MW offshore wind farm to be developed in the first site of the South Coast DMAP, recently made by the Minister for the Environment, Climate and Communications.
Publication of the Terms and Conditions follows a year long process of engagement with stakeholders involving two consultations and several technical workshops.
The qualification phase of the Tonn Nua Auction is anticipated to open in Q1 2025, with the bidding phase in Q2 2025.
The Tonn Nua project will contribute 900 MW towards our Climate Action Plan targets of 5 GW installed offshore wind capacity and will save 1.87 million tonnes of CO2 annually over its anticipated 30+ years of operation.
