RESS 3 Terms and Conditions: Five key changes
The terms and conditions for Ireland’s third onshore Renewable Energy Support Scheme (RESS 3) were published by the Irish Department of the Environment, Climate and Communications (DECC) on 4 May 2023 following consultation by DECC.
RESS 3 is the third round of the Irish Government’s financial subsidy scheme for the onshore renewable energy industry (RESS 1 closed in July 2020 and RESS 2 closed in June 2022). The purpose of the scheme is to support the onshore renewable energy industry and to accelerate the development of substantial onshore renewable energy generation assets. This will contribute toward Ireland’s ambitious target of having up to 80% of total electricity generation from renewable sources by 2030.
In this briefing, we:
- explain the nature of the support offered under RESS; and
- identify five key changes made to the RESS 3 Terms and Conditions as against the RESS 2 position, including UAEC, indexation, PSO order and grid connection requirements, alongside other notable changes.
Read the full briefing here. If you have any further queries please reach out to one of the authors or your usual DLA Piper contact.