Tynagh Energy Limited (TEL) represents a highly skilled collaboration of international and local expertise which came together to build Galway’s first power generating station. TEL successfully tendered for a competition in December 2003, run by the Commission for Energy Regulation (CER) to design, finance, construct, operate and maintain a 400MW Combined Cycle Power Plant (CCGT) in east Co. Galway. TEL is in a unique position of being the only independent CCGT plant in the Irish market and provides a flexible daily electricity product to the Irish wholesale electricity market. TEL can provide a fixed forward product known as a Contract for Difference (CfD), where large energy users and electricity suppliers can fix their forward electricity prices. Procuring a CfD provides large energy users with price certainty and allows electricity suppliers to offer a fixed price to their customers. TEL are active participants on the Tullett Prebon OTC market and are also available to contract on a bilateral basis. If you wish to discuss how Tynagh Energy can help you with your electricity requirements please contact the Trading Team at +353 (0)1 857 8700 or trading@tynaghenergy.ie.