Minister Naughten has just announced details about the RHI in
Ireland and we now know there are going to be four bands of
payments for biomass produced heat.
The first 300/MWh will be paid at €56.60/MWh, the next 700MWh
will be at €30.20/MWh, the next 9,000/MWh at €5.00/MWh and a final
40,000/MWh at €3.70/MWh. There are no payments above
50,000/MWh.
This is quite different from the GB and Northern Irish RHI
schemes. On the face of it there is no incentive to over or under
size systems and the size of systems can be dependent upon the heat
load and its profile, as it should be.
When thinking about the market opportunities, applications such
as hospitals, hotels, schools and care homes should represent good
places to start. Even better will be swimming pools that have lower
peak loads, and base load applications should be attractive in all
circumstances.
The Irish RHI is designed to grow the biomass and AD sectors and
further details are due to be announced in February 2018.
Read the press release from DCCAE here.