INTIEAIreland · Offshore Renewable Electricity Support Scheme (ORESS) - Auction 2 (2025)PolicyIn force

Offshore Renewable Electricity Support Scheme (ORESS) - Auction 2 (2025)

In November 2025, Ireland completed its second offshore wind auction under the Offshore Renewable Electricity Support Scheme (ORESS), awarding contracts through a competitive process with price support of €98.7/MWh. The scheme provides long-term revenue stabilisation (two-sided…

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Country / jurisdiction: Ireland · Year: 2025 · Status: In force · Level: National · Type: Voluntary

In November 2025, Ireland completed its second offshore wind auction under the Offshore Renewable Electricity Support Scheme (ORESS), awarding contracts through a competitive process with price support of €98.7/MWh. The scheme provides long-term revenue stabilisation (two-sided CfD-type mechanism) for offshore renewable electricity projects, supporting deployment and investment in offshore wind. ORESS forms a core instrument to achieve Ireland’s renewable electricity targets, including 80% renewable electricity by 2030, by reducing market risk for developers through guaranteed pricing.

Official source: https://www.gov.ie/en/department-of-climate-energy-and-the-environment/press-releases/minister-obrien-welcomes-successful-result-of-states-second-offshore-wind-auction/

Source

https://www.iea.org/policies/31128

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