New all-island energy market brings 'green' opportunities
Changes to the all-Ireland energy market which are to lead to the shutdown of Kilroot power station will bring benefits in a new generation of cleaner technologies, it's been claimed.
Kilroot power station owners AES Group has said it'll close the plant, and part of its Ballylumford site, after it lost out in an auction in December.
But analysis by Aurora Energy Research said the changes in the i-SEM, which comes into force in May, highlighted opportunities for new, cleaner technologies.
And it's renewable, high-efficiency gas generators which will stand to gain, Aurora said, as the older generation of coal and fire-powered power stations lose out.
Aurora said the changes, which could bring the loss of up to around 270 jobs at Kilroot and Ballylumford, will introduce a greener and more flexible system for the island, as well as bringing more competition.
But today's report adds that there are uncertainties for the all-island electricity market prompted by Brexit.
Mateusz Wronski, head of product development at Aurora, said: "With competition comes short-term uncertainty, but also the opportunity for providing cleaner electricity to consumers with little effect on bills."
The closures of Kilroot and Ballylumford have raised concerns over future security of supply.