Security of Electricity Supply – Programme of Actions
Security of Electricity Supply – Programme of Actions
In response to concerns regarding Ireland's security of electricity supply, as a result of the projected variance in generation capacity, a programme of actions was published by the CRU (CRU21115) setting out its approach to addressing the security of supply risks.
As part of these actions, EirGrid has engaged with ESB, with a view to reaching an Agreement to temporarily retain three units at the Moneypoint Power Station in Co.
Clare.
These units currently operate at significant capacity, totalling 820MW.
A Services Agreement (the Agreement) for the provision of capacity by Moneypoint on an out of market and temporary basis has been entered into by EirGrid and ESB in respect of the three Moneypoint units under the Targeted Contracting Mechanism and, having regard to Article 16 of
Regulation (EU) 2019/941
– the Risk Preparedness Regulation.
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