Background.2C Financing Wind power in the Republic of Ireland

wind turbines on inishmaan

eddie o’connor, ceo of semi-state owned peat harvesting company, bord na móna, commissioned country’s first commercial wind farm in cutaway peat bog in county mayo in 1992.

in directive 2001/77/ec, otherwise known res-e directive, european union stated goal have 22% of total energy consumed member states produced renewable energy resources 2010. result, ireland, in report titled policy consideration renewable electricity 2010 , made commitment have 4% of total energy consumption come renewable energy resources 2002 , 13.2% 2010. department of communications marine , natural resources (dcmnr) founded renewable energy group (reg) established short term analysis group (stag) investigate means of accomplishing goal. meet 2010 target of 13.2%, 1,432 mw of electricity need generated renewable resources 1,100 mw being generated wind resources both onshore , offshore.

ireland uses eu industry subsidy known public service obligation support development of wind power. pso charge in place money given companies generating electricity renewable sources , fund peat-burning stations, neither competitive enough without it. irish homes charged €63 year in pso levy, resulting in €328 million going wind , peat companies of 2015. in 2016, increased €72.