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DANGER REFIT 2 CLIFF EDGE 2017. REFIT 2 CLIFF EDGE Key Dates December 2015. Planning required in order to secure a REFIT 2 letter of offer. Project must.

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Presentation on theme: "DANGER REFIT 2 CLIFF EDGE 2017. REFIT 2 CLIFF EDGE Key Dates December 2015. Planning required in order to secure a REFIT 2 letter of offer. Project must."— Presentation transcript:

1 DANGER REFIT 2 CLIFF EDGE 2017

2 REFIT 2 CLIFF EDGE Key Dates December 2015. Planning required in order to secure a REFIT 2 letter of offer. Project must be connected by 31 December 2017.

3 REFIT 2 CLIFF EDGE Extension of REFIT 2 Urgently Required Modification offer delays Grid connection planning consent delays Role out of grid connections

4 RATES “Fair and equitable?”

5 Rateable Valuation Examples: Wind v Competitors Tynagh Energy, Galway: 400 MW, Rateable Valuation: €30,950, Val-Off Property ID:2184395 Small Scale 2.0 MW Wind Turbine in operation, Rateable Valuation: €184,347 Tynagh Energy: Rateable as per Limerick Valuation on wind: €37,000,000 Whitegate (BGE), Cork: 400 MW, Rateable Valuation: €39,000, Val-Off Property ID:2208672 Small Scale 2.0 MW Wind Turbine in operation, Rateable Valuation: €184,347 Whitegate: Rateable as per Limerick Valuation on wind: €37,000,000 Poolbeg, Dublin: 1020 MW, Rateable Valuation: €155,500, Val-Off Property ID:344703 Small Scale 2.0 MW Wind Turbine in operation, Rateable Valuation: €184,347 Poolbeg: Rateable as per Limerick Valuation on wind: €94,000,000 Moneypoint, Clare: 915 MW, Rateable Valuation: €152,370, Val-Off Property ID:2171585 Small Scale 2.0 MW Wind Turbine in operation, Rateable Valuation: €184,347 Moneypoint: Rateable as per Limerick Valuation on wind: €84,338,752 Ardnacrusha, Clare: 85 MW, Rateable Valuation: €22,000, Val-Off Property ID:2171586 Small Scale 2.0 MW Wind Turbine in operation, Rateable Valuation: €184,347 Ardnacrusha: Rateable as per Limerick Valuation on wind: €7,834747

6 RATES “Fair and equitable” 218% increase in rates liability As outlined by (CER and NIAUR), the average Net Profit per MW of installed wind energy capacity in 2013 was shown to be €13,850 per anum, which for example is far lower than coal at €85,880 and peat at €143,540 The introduction of excessive commercial rates for wind farms, is in direct conflict with our meeting of EU climate targets and the Renewable Energy Directive 2009/28/EC. Direct contravention of Irish and EU competition law What signal does this send out to external investment.


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