System Margins Outlook Report 11 October 2024
The System Margins Outlook Report will be published every Monday and Friday, excluding bank holidays. The report will provide market participants with information on the anticipated availability of dispatchable generation capacity to meet peak demand each day over the week ahead; the average and lower confidence renewables forecast; and the availability of the East-West Interconnector and the Moyle Interconnector with Great Britain to support trades - should these be required to meet power system requirements when renewable and dispatchable generation are inadequate.
Winter Outlook 2024/25
The Loss of Load Expectation (LOLE) in Ireland for the five months of the winter period being studied is 3.6 hours. The LOLE has reduced from 21 hours last winter and 51 hours the previous winter; however, it remains just outside the three hours per year standard.