According to a new report, wind energy met 21% of Ireland’s electricity demand in the latter half of May, due to good weather conditions. However, wind farms still managed to provide 35% of the country’s electricity in the first five months of the year. The report, released by Wind Energy Ireland, also suggested that Irish consumers could expect a further reduction in their energy bills as wholesale electricity prices dropped for the fifth consecutive month in May. The average wholesale price of electricity in Ireland per megawatt-hour was €105.18, down 16% from €125.57 in April.
Noel Cunniffe, the CEO of Wind Energy Ireland, welcomed the continued fall in wholesale electricity prices, stating that “consumers and businesses are struggling every day with high energy bills.” However, the current prices are still higher than the average of between €50 and €70 paid before the energy crisis. Mr Cunniffe also expressed optimism for the future, saying that “we are expecting to see significant progress in the second half of this year with new wind farms connecting to the grid, solar projects coming on stream and the first offshore wind projects applying for planning permission.”
The CEO of Wind Energy Ireland also emphasized the importance of renewable energy in reducing Ireland’s reliance on imported fossil fuels. “Wind energy projects are moving at pace, and the quicker we have wind farms up and running, the sooner we can rely on more Irish renewable energy to provide our electricity,” he said. Wind Energy Ireland represents nearly 200 members of the Irish wind industry.
In conclusion, the report by Wind Energy Ireland highlights the progress made by the wind industry in Ireland, despite the recent drop in wind energy’s contribution to electricity demand due to favorable weather conditions. The continued fall in wholesale electricity prices is also good news for Irish consumers, although prices remain higher than before the energy crisis. Wind Energy Ireland’s CEO is optimistic about the future, with new wind farms, solar projects, and offshore wind projects expected to make significant progress in the second half of the year.