We are continuing to grow our renewable generation and storage portfolio. Today, it stands at more than 1.8 GW, and we are developing many multiples of this in renewable projects at design stage. In addition to over 1 GW of onshore wind, our first wholly owned solar farm is now energised at Bullstown Co Meath and we have another eight grid-scale solar projects in delivery or construction.
We work on behalf of the company to maximise the value output of our generation fleet. More details on our trading business is included below.
Our team trades 24 hours a day, across multiple commodities in several key markets. Those markets all have unique characteristics, which, in turn, mean handling different currencies and regulatory regimes. As a result, the ESB Trading team is constantly dealing with high levels of risk in a very fast paced environment. Managing these risks and seeking out the opportunities is crucial in deciding how and when to lock in the maximum value or reduced risk for ESB and its stakeholders.
Utilising our trading capability, ESB Trading also provides trading services to third parties in the wholesale electricity and gas industry. As part of our Brighter Futures Strategy, we are particularly focused on entering Power Purchase Agreements (PPAs) with renewable generators looking to maximise value from their electrical production while minimising pricing risk and market obligations. We can also provide tailored route to market agreements to meet your needs. If you would like to learn more about what ESB Trading can offer your project please contact us at gt-esbtradingco@esb.ie
EU Regulation 1227/2011 on Wholesale Energy Market Integrity and Transparency (REMIT) has directed generators to make information publicly available on the current status and availability of their generation assets.
You can find further information about ESB’s generation plant scheduled outages for SEM and BETA Markets on the ESB REMIT notification site here.
You can find unplanned outages and urgent market messages for SEM and BETA Markets on the ESB REMIT notification site here.
474c366bbb534550b6654bc379c49005.jpg?sfvrsn=b71f733e_2)