Ireland will go ahead with at least three more offshore wind auctions by the end of this decade, its marine minister told Reuters on Thursday, adding that it was unlikely the country
Ireland will go ahead with at least three more offshore wind auctions by the end of this decade, its marine minister told Reuters on Thursday, adding that it was unlikely the country would meet its target of 80% of electricity generation from renewable sources by 2030.
The commitment to offshore wind comes despite a vicious cycle of inflationary pressure, higher interest rates and bottlenecks in the supply chain which have caused auctions to fail and cancellations and postponements of projects around the globe.
"There'll be probably three more auctions, maybe more (towards 2030)," Timmy Dooley, a junior minister at the Department of the Environment, Climate and Communications said on the sidelines of a wind conference in Copenhagen.
They would come in addition to Ireland's second offshore wind auction which is scheduled later this year, aiming to procure 900 MW of capacity.
"We don't see any pathway back to fossil fuels ... We are absolutely committed to offshore wind as the energy source of the future," Dooley said.
A government spokesperson said that they expected to get ten bids in the upcoming auction.
While Ireland will move ahead with its target of reaching a combined 5 gigawatts (GW)
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