Ongoing Impact of CRU's Installed Capacity Cap Policy Removal

Ongoing Impact of CRU's Installed Capacity Cap Policy Removal

In January 2024, the Commission for Regulation of Utilities (CRU) announced a significant policy shift, removing Installed Capacity Caps (ICC) for electricity generators in Ireland. Now 8 months on, how is it impacting projects? Here are our insights.

Understanding the Policy Change

The ICC, which previously limited installed generation of a facility to 120% of a project's maximum export capacity (MEC), was lifted, allowing greater flexibility and scalability.

Our observations

• It goes without saying that higher capacity is leading to more efficient energy generation, higher yields and better resource utilisation.
• Increased capacity is contributing to greater reliability; crucial for maintaining grid stability during peak demand periods.
• Renewable Energy Mix Instead, clients are opting for a combination of wind, solar and bioenergy.?
• Projects are attracting significantly more investors to the market, due to better returns and stable revenue streams.

Cons, well there aren’t any. For RE clients this policy change brings several key benefits;

Scalability and Growth Projects can expand more effectively, boosting performance and profitability.

Strategic Positioning — Clients can lead in the renewable energy sector by leveraging increased capacity for a competitive edge.

Financial Performance — Enhanced outputs translate into improved financial results, benefiting stakeholders and investors alike.

Contact us today for strategic advice on how to take advantage of the policy change in your projects.

Call Keith Darling on 086 107 0008 or email: [email protected]?