Irish wind output for October exceeds 50%

Irish wind output for October exceeds 50%

Wind Energy Ireland has released its October Wind Energy report, revealing that wind energy will provide 47% of Ireland’s electricity in October 2022.

According to the most recent figures, wind energy has supplied 33% of Ireland’s electricity demand this year through the end of October.

This was the best October on record in terms of the amount of electricity produced by Irish wind farms and the proportion of demand met by the country’s primary source of renewable energy.

Noel Cunniffe, CEO of Wind Energy Ireland, said: “Ireland’s wind farms proved their worth again last month by continuing to help protect families and businesses from the worst effects of a crisis caused entirely by our reliance on the fossil fuels that are driving the climate emergency.

“Our members provided a third of the country’s electricity in the first ten months of the year. That is Irish generators producing power without burning imported fossil fuels, which means we can cut our carbon emissions at the same time as we cut our fuel imports.

“Ireland needs a clean, secure, supply of electricity and as we connect new wind farms ever year it will increasingly be wind energy which will provide it.”

The average wholesale electricity price fell dramatically in October, falling to €136.27 from €283.25 in September.

This is the lowest monthly average price in more than a year. On days when the system had the most wind power, the average price dropped even further to €67.68.

The steep drop in wholesale electricity prices was caused by a combination of large amounts of wind energy on the system reducing the need for gas and a steep drop in European gas prices as unseasonably mild weather across the continent caused a fall in demand.

Noel Cunniffe added: “Long-term electricity prices in the first half of next year are still very high which reflects the belief in the market that the price of gas will rise again as the weather turns colder and European gas storage levels start to fall.

“Our families, communities and businesses will be vulnerable to extreme electricity prices so long as we continue to rely on imported fossil fuels for our power. We must accelerate the development of our own, indigenous, sources of renewable energy to meet our carbon emissions targets and to protect consumers.”

In October 2022, total electricity demand was 3222 gigawatt-hours (GWh), with wind energy generating 1522GWh. Same time in October 2021, demand was 3258GWh, and wind produced 1141GWh.

This report’s findings are based on EirGrid’s SCADA data, as compiled by MullanGrid, and market data provided by ElectroRoute.

Source: Energy Ghana

ENERGY GHANA MAGAZINE

Subscribe

Connect with on Facebook