Inexperienced Atlantic @ Moneypoint – Eire on coal


Eire’s publicly owned Electrical energy Provide Board (ESB) introduced final Friday the choice to transform Moneypoint, the nation’s solely coal-fired energy plant, into the nation’s first inexperienced energy technology hub below the undertaking. Inexperienced Atlantic @ Moneypoint.

The undertaking additionally features a 1.4 GW floating wind farm, a building web site for floating wind generators and, in the long run, a hydrogen manufacturing facility.

ESB acknowledged that its The Atlantic @ Moneypoint undertaking was a multibillion-euro program with important investments deliberate on the web site over the subsequent decade, leading to a whole bunch of jobs.

The corporate stated it had began work on reworking Moneypoint right into a inexperienced vitality heart, inaugurating a brand new 50 million euro sustainable system help facility within the coming weeks, explaining that “this compensator synchronous would be the largest of its sort on this planet “.

The brand new plant will present a variety {of electrical} companies to the electrical energy grid that might beforehand have been offered by thermal vegetation. Its operation will enable larger volumes of renewables on the system, ESB stated.

Floating offshore wind farmArtist’s impression of the brand new offshore wind farm floating off the coast of Co. Clare. – Picture credit score: ESB

ESB stated a 1,400 MW offshore floating wind farm will probably be developed off Clare and Kerry counties in two phases by ESB and its three way partnership companions, Equinor.

When accomplished, the wind farm will have the ability to energy greater than 1.6 million properties in Eire. Topic to the suitable consents, the wind farm is anticipated to be in manufacturing inside the subsequent decade.

The redesigned Moneypoint web site, which is anticipated to cease all coal manufacturing by 2025 on the newest, is anticipated to change into a middle for the development and meeting of floating wind generators.

“A deep-water port already exists on the location, making it a perfect start line for the development of the wind farm. That is anticipated to generate a big variety of direct jobs within the Mid-region. West, ”ESB stated.

In the long run, the event of Moneypoint will help the broader plans of the Port of Shannon Foynes and, working with native stakeholders, will assist make the Shannon Estuary a focus for the offshore wind trade in Europe, the corporate stated.

ESB acknowledged that the Moneypoint was one of many deepest ports in Europe, a key a part of the undertaking because the ships used to ship the wind generators must dock in a deep water port.

“The presence of the deep-water port on this facility additionally makes it potential to carry the wind generators ashore for servicing and upkeep as wanted. Lastly, the deep-water port will enable easy accessibility to ships that will probably be used to export hydrogen. in Europe, ”the corporate stated.

Hydrogen web site by the tip of the last decade

As well as, ESB’s plans embody investments within the inexperienced hydrogen manufacturing, storage and manufacturing facility at Moneypoint in direction of the tip of the last decade.

“Clear, carbon-free, inexperienced hydrogen will probably be produced from renewable vitality and used for energy technology, heavy-duty autos within the transportation sector and to assist decarbonize a variety of industries reminiscent of as prescription drugs, electronics and cement manufacturing, ”ESB talked about.

Pat O’Doherty, Mentioned the CEO of ESB: “ESB’s Brighter Future technique is rooted in our ambition to steer the transition to a low-carbon vitality future powered by clear electrical energy. The transformation of Moneypoint right into a inexperienced vitality hub will probably be a significant step in attaining this objective and can carry huge advantages to the Mid-West and past. Now we have lengthy signaled our intention to cease burning coal at Moneypoint. Immediately we unveil plans for a redesigned Moneypoint, which is not going to solely create a whole bunch of jobs, however will even assist Eire meet its local weather targets and keep a safe provide of electrical energy sooner or later. “

Jim Dollard, ESB Government Director, Manufacturing and Buying and selling, stated: “Immediately’s announcement is a crucial milestone in ESB’s low-carbon journey, cementing our dedication to rework our manufacturing portfolio and frequently make investments. in renewable vitality applied sciences. Moneypoint has performed an important position within the nation’s vitality provide for nearly 40 years. We’re proud that it’s going to proceed to play a vital position in Eire’s vitality future with many advantages for the local people and society as an entire. “

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