Ireland announces renewable electricity tariffs
The Irish government has officially joined the swelling ranks of EU countries using feed-in, or fixed price systems to support renewable electricity. On Tuesday it announced tariffs ranging from 5.7 euro cents per kilowatt hour (kWh) for large wind farms to 7.2 euro cents/kWh for biomass energy. Total support over 15 years is expected to be worth €119m. Ireland needs to install about 1,450 megawatts of new renewable generation capacity by 2010 to meet its indicative target under the EU renewable electricity directive. It previously ran a tender-based support system (ED11/04/05). See press release.
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