SSE secures Capacity Contracts in T-2 Auction in Ireland
The System Operators have now published the provisional results of the T-2 Capacity Auction in Ireland, with all units at SSE’s four power stations receiving capacity contracts for 2021/22.
SSE has provisionally secured contracts for its Great Island CCGT plant (389MW) in Co. Wexford, Tarbert power plant (465MW) in Co. Kerry, and two smaller peaker plants at Rhode in Co. Offaly (94MW) and Tawnaghmore in Co. Mayo (94MW)*.
Through this T-2 Capacity Auction, the System Operators have provisionally awarded 7,511.5MW MW of Total Capacity Contracts to electricity generators and demand side response units at an auction clearing price of €45,950/MW.
This follows the T-1 Capacity Auction earlier this month, in which SSE’s four plants all secured contracts for the capacity year 2020/21.
Mark Hayward, Director of Operations for SSE Thermal, said:
“We’re delighted to have provisionally secured Capacity Contracts for all four of our power stations in Ireland for 2021/22. Following the T-1 results earlier this month, this is further great news for our business and our teams in Ireland, as we look to provide flexible and reliable energy to complement increasing renewable generation and safeguard customers’ power supplies.”
The Provisional Results are subject to approval by the Regulatory Authorities and are expected to be confirmed on 30 January 2020.
*The volumes given include a de-rating factor applied in accordance with the rules set by the System Operators and approved by the Regulatory Authorities.