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Home | Renewables provided the majority of Ireland’s electricity in February

Posted 3 years ago | 2 minute read

Renewables provided the majority of Ireland’s electricity in February

Wind energy provided 53% of Ireland’s electricity in February 2022 – the highest share of demand ever achieved by wind in Ireland. Wind energy was also the number one source of electricity throughout the month and on 5 February set a new all-Ireland record at 4,584MW.

Data published on 7 March by Wind Energy Ireland noted the dramatic increase in energy prices between February 2021 and 2022, with wholesale electricity prices rising almost three-fold, but said that the impact of the high levels of wind seen during February was a drop in the price of wholesale electricity. During the windiest periods of the month, wholesale prices were almost €100/MWh cheaper than during less windy days, at €134.25/MWh, compared to €229.62/MWh.

Source: Wind Energy Ireland

Noel Cunniffe, chief executive of Wind Energy Ireland, said:

“The fact that wholesale prices fall when wind energy production is high shows that wind energy will play an increasingly important role in the coming months, mitigating the worst effects of the predicted price increases for consumers due to spiralling fossil fuel import prices.”

GridBeyond Managing Director UK & Ireland Mark Davis said:

“Its great to see wind power making a solid contribution to Ireland’s energy mix, but as an intermittent source of power if we are going to decarbonise the sector and meet our net zero targets, digitalisation and technologies that enable flexible assets whether on the generation or the demand side will be crucial.”

At GridBeyond, we use AI and advanced technology to change the way businesses procure and use energy and how battery operators and renewables generators optimise their assets across markets. By putting control into their hands, we empower players across the energy sector to intelligently control and optimise their energy strategy and create new value. Find out more

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