Renewable Energy Feed-in Tariff 2 and 3 (REFIT 2 and 3)

Renewable Energy Feed-in Tariff (REFIT) scheme in Ireland is split into two programmes: REFIT 2 and REFIT 3. REFIT 2 programme was opened in March 2012 and covers small and large scale onshore wind, biomass landfill gas and small hydro (≤ 5MW). REFIT 3 programme opened in February 2012 and supports anaerobic digestion, biomass with CHP and biomass combustion and co-firing. The REFIT 2 and REFIT 3 competitions are separate schemes with separate terms and conditions in respect to each scheme. Both schemes close down to new applications on 31st December 2015 or if the capacity caps in both programmes will be reached before that date. REFIT capacity cap is 4,000MW and REFIT 3 has an overall limit of 310 MW, differentiated by technology: Anaerobic digestion (including AD CHP): 50MW Biomass CHP: 100MW Biomass combustion (including co-firing with peat): 160MW. FIT contracts are awarded for period of 15 years (both for REFIT 2 and REFIT 3). Projects benefiting from REFIT programmes must be operational by 2017. The financial support awarded through REFIT will not exceed beyond 31^st December 2032. The reference prices for each renewable energy category are adjusted for inflation and act as a floor price for developers. Additional balancing payment is available but is not adjusted for inflation. Balancing payment for 2015 is EUR 10.458/MWh for all technologies.

REFIT 2 references prices for new installations in EUR per MWh
Renewable technology	Plant capacity	2014	2015
Onshore wind	> 5 MW	69.581	69.72
	< 5 MW	72.023	72.167
Hydropower		87.892	88.068
Biomass Landfill Gas		85.451	85.622

REFIT 3 references prices for new installations in EUR per MWh
Renewable technology	Plant capacity	2014	2015
Biomass combustion		89.136	89.314
Biomass Combustion - Energy Crops