Please read below public consultations held by SEAI.
Renewable Electricity Corporate Power Purchase Agreements
This is now closed.
Policy options for meeting Ireland’s target of 15% of demand to be met by renewable energy sources under CPPAs.
The Climate Action Plan 2019 sets a target that, by 2030, 15% of electricity consumption should come from renewable electricity contracted under corporate power purchase agreements by. A corporate power purchase agreement is where a company procures renewable electricity through a direct agreement with a renewable electricity developer.
By entering into a direct agreement with a renewable electricity developer through a power purchase agreement, a corporate company increases the amount of renewable electricity produced in Ireland and reduces the greenhouse gas emissions associated with electricity generation, at a lower total cost to consumers and the State.
SEAI are assisting Government with a study to inform policy on how best to develop the market for corporate PPA’s to reach the target articulated in the Climate Action Plan. SEAI are working with consultants Baringa Partners to execute the study and a steering group is overseeing the work.
Bargina Partners have already engaged with industry stakeholders and have produced a detailed report on the suite of policy options that are available to support the uptake of corporate PPA’s for renewable electricity.
Consulation process is now closed.