|Policy Type:||Economic Instruments>Fiscal/financial incentives, Policy Support, Voluntary Approaches|
|Agency:||Department of Public Enterprise|
|Climate Change Description:|
In order to attain the revised 500 MW target for renewables based electricity-generating capacity (part of Irelands Climate Change Strategy launched in October 2000), the fifth competition in the Alternative Energy Requirement series, AER V, was launched in May 2001. Through AER V, contracts for 362 MW of electricity-generating plant based on renewable energy – large and small-scale wind, biomass and small-scale hydro – have been offered to the market. All projects successful in the competition must be installed and selling electricity by 31 December 2004. The balance of the 500 MW target will be offered to the market as soon as is practicable so as to ensure that the overall target is achieved by 2005.
|This record is superseded by:||New Renewables-Based Electricity Generating Capacity to be Installed - AER VI|
Last modified: Thu, 14 Mar 2013 13:28:20 CET