KBRA Releases Research – Offshore Wind: Opportunities and Challenges to Irish Development
2024年6月11日 - 3:47AM
ビジネスワイヤ(英語)
KBRA releases a report examining the opportunities and
challenges facing Ireland's renewable energy market, as well as how
the country's ambitious renewable energy targets could transform
into a realistic proposition over the coming years. Offshore wind
energy has been a prominent feature of the Danish, UK, and other
European markets for several years, and now presents an emerging
opportunity to transform Ireland’s energy markets. However,
significant obstacles lie ahead, including political, regulatory,
and commercial challenges.
Key Takeaways
- Ireland has outlined ambitious plans to deliver 20GW of
offshore wind power by 2040, more than triple the current nameplate
capacity.
- These plans come with regulatory, commercial, technological,
and other challenges. Specifically, construction risk, development
cost risk, permit-related matters, ensuring a robust auction
process, and enabling infrastructure are all important for Ireland
to develop a strong market.
- Multibillion euro projects mean both private and public capital
markets are key to support the renewable transition. The use of
contracts for difference (CFD) and power purchase agreements (PPA)
are important to help support and reassure potential
financiers.
Click here to view the report.
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About KBRA
KBRA is a full-service credit rating agency registered in the
U.S., the EU, and the UK, and is designated to provide structured
finance ratings in Canada. KBRA’s ratings can be used by investors
for regulatory capital purposes in multiple jurisdictions.
Doc ID: 1004672
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version on businesswire.com: https://www.businesswire.com/news/home/20240610405185/en/
Gordon Kerr, Managing Director, Head of European Research +44 20
8148 1020 gordon.kerr@kbra.com
Karim Nassif, Senior Director +353 1 588 1245
karim.nassif@kbra.com
Garret Tynan, Managing Director, European Head Project Finance
and Infrastructure +353 1 588 1235 garret.tynan@kbra.com
Andrew Giudici, Global Head of Corporate, Project, and
Infrastructure Finance +1 646-731-2372 andrew.giudici@kbra.com
Arinjoy Bhanja, Senior Analyst +353 1 588 1271
arinjoy.bhanja@kbra.com
Media Contact
Adam Tempkin, Director of Communications +1 646-731-1347
adam.tempkin@kbra.com
Business Development Contacts
Mauricio Noé, Co-Head of Europe +44 20 8148 1010
mauricio.noe@kbra.com
Miten Amin, Managing Director +44 20 8148 1002
miten.amin@kbra.com