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John Simpson

Auction over power supply in Ireland contained a few surprises

John Simpson



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The power station at Ballylumford, which is Czech-owned, was bought from the American AES corporation

The power station at Ballylumford, which is Czech-owned, was bought from the American AES corporation

The power station at Ballylumford, which is Czech-owned, was bought from the American AES corporation

Northern Ireland is improving the security of electricity supply for domestic and business customers up to 2023-4.

An auction has just taken place where potential new investors were competing with existing plants to be awarded continuing capacity contracts.

The Single Electricity Market (SEM) for the whole island of Ireland is a sensible concept to ensure that customers and industry can indirectly benefit from the economies of scale in an all-island market.