ISEA Submission to the Renewable Electricity Support Scheme – Technology Review – DCENR
In 2014, the Irish Solar Energy Association (ISEA), through its submission for the Green Paper on Energy Policy in Ireland, made the case for solar energy in Ireland. Now, in ISEA’s submission to the Department of Communications, Energy and Natural Resources’ (DCENR) Renewable Electricity Support Scheme, Technology Review Consultation, ISEA has refreshed its recommendations with a greater understanding of the opportunities for the Irish Market.
The key points in this submission are as follows:
- ISEA believes that between 800 MW and 1,150 MW of installed capacity is realistic by 2020 and 1,900 MW by the end of 2022.
- The average cost over 25 years to provide a support mechanism for the deployment of 1,900 MW of solar by 2023 is estimated to be €24m per annum.
- Installation costs for solar farms will fall by 21% between 2015 and 2018, assuming the lifting of the Minimum Import Price on Chinese solar modules.
- Utility scale (>1 MW) ground-mounted solar farms deployed in 2017 will require revenue/kwh of €0.14 – €0.16, reflecting a level of support equivalent to €0.07 – €0.09/kwh.
- To ensure that the level of support provided to solar accurately reflects conditions in the market, a competitive auction for utility-scale solar is recommended from day one.
- A Contracts for Difference based support mechanism is recommended with a dedicated budget reserved for Solar until 2020.
- Roof-mounted schemes should be eligible for a generation tariff based support mechanism (ReFiT or equivalent). The required generation tariff ranges from €0.095/kwh for large commercial rooftops to €0.15/kwh for domestic rooftop schemes in 2017, declining in subsequent years.
extract from the Executive Summary