EirGrid poised to name new suppliers for electricity generation
National grid operator EirGrid is poised to name new players seeking to enter the Irish electricity market on Friday.
The Single Electricity Market Committee – made up of regulators on both sides of the Border – recently sought offers from electricity generators to build new power plants to begin providing energy in 2024-2025 to head off a likely shortage.
It is understood that several new players will be named among the companies that successfully bid to build power plants here when EirGrid confirms the results.
No one connected with the process has named the successful bidders, but several sources say the list is likely to include significant new entrants to the electricity generation market.
While all generators were welcome to make offers, most of the new generation recruited in the T-3 auction will be gas fired.
Electricity suppliers, who buy power from generators at wholesale prices to sell on to
