|Year:||2012 (last updated 2016)|
|Date Effective:||2012 (last updated 2016)|
|Date Ended:||31 December 2015|
|Policy Type:||Economic Instruments>Fiscal/financial incentives>Feed-in tariffs/premiums|
|Renewable Energy Policy Targets:||Multiple RE Sources, CHP, Multiple RE Sources, Power, Wind, Onshore, Hydropower, Bioenergy, Biomass for power, Bioenergy, Biomass for heat|
|Policy Sector:||Electricity, Heating and Cooling|
|Agency:||Department of Communications, Energy and Natural Resources (DCENR)|
|Renewable Energy Description:|
Renewable Energy Feed-in Tariff (REFIT) scheme in Ireland is split into two programmes: REFIT 2 and REFIT 3.
REFIT 2 programme was opened in March 2012 and covers small and large scale onshore wind, biomass landfill gas and small hydro (≤ 5MW).
REFIT 3 programme opened in February 2012 and supports anaerobic digestion, biomass with CHP and biomass combustion and co-firing.
The REFIT 2 and REFIT 3 competitions are separate schemes with separate terms and conditions in respect to each scheme.
Both schemes close down to new applications on 31st December 2015 or if the capacity caps in both programmes will be reached before that date. REFIT capacity cap is 4,000MW and REFIT 3 has an overall limit of 310 MW, differentiated by technology:
FIT contracts are awarded for period of 15 years (both for REFIT 2 and REFIT 3).
Projects benefiting from REFIT programmes must be operational by 2017. The financial support awarded through REFIT will not exceed beyond 31st December 2032.
The reference prices for each renewable energy category are adjusted for inflation and act as a floor price for developers. Additional balancing payment is available but is not adjusted for inflation. Balancing payment for 2015 is EUR 10.458/MWh for all technologies.
REFIT 2 & 3 closed down for new projects as of 31st of December 2015.
|This record supersedes:||Renewable Energy Feed-In Tariff (REFIT 1)|
Last modified: Fri, 17 Feb 2017 15:39:30 CET