James Goldsmith

Cornwall Insight

James Goldsmith ' Senior Consultant: Is a Chartered Engineer with Engineer's Ireland and has more than seven years' experience in the development of energy projects. Starting his career with EDF Energy in its New Nuclear Project at Hinkley Point, James has worked on a wide range of energy projects in Africa, the Middle East, UK and Ireland. James' most recent role was as Project Director with ESB Asset Development, where he led the development of a co-located Biomass and Energy from Waste plant in the UK. In his Senior Consultant role at Cornwall Insight, James has led and delivered on projects supporting new renewable generation assets. He leads our work on Irish energy auctions for the RESS and CRM processes in Ireland, leading our modelling, consultancy and reporting in this area.

Contributed to

1

Ireland Capacity Remuneration Mechanism—an introduction

Practice notes

This Practice Note forms a part of our suite of island of Ireland energy content. It focusses on the Capacity Remuneration Mechanism (CRM), which is an important aspect of the island of Ireland Single Electricity Market (SEM). It cites relevant Capacity Market Code, SEM Trading and Settlement Code, and legislative provisions; discusses the key parties involved in the CRM, and explains key CRM concepts such as capacity payments, difference charges, and capacity charges.

Energy