In May 2023, James O’Hara and his team at renewable energy developer SSE learned that they had been unsuccessful in Ireland’s first offshore wind support scheme auction. Without state price guarantees, the developer would have to find an alternative route to market for the power its proposed Arklow Bank 2 wind farm would produce. “That was absolutely devastating to the project team at the time,” said James O’Hara. But the team had contingency plans. “The week after the results were announced, we ramped up significantly, and decided it is the merchant route to market,” he told me at a conference…

Want to continue reading?

Join today with an Annual membership and get full access to The Currency for just €200 (68c per day) or try monthly membership for just €5 for your first month.

Subscribe

Cancel at any time.

Are you already a member? .