Open goal for offshore investment off Co Clare despite chill factor for external investors
CLARE is standing in front of an open goal but is kicking the ball towards the corner flag when it comes to securing investment for offshore energy.
CLARE is standing in front of an open goal but is kicking the ball towards the corner flag when it comes to securing investment for offshore energy.
*Moneypoint. AN APPROXIMATE €3.5bn needs to be spent developing the grid up to 2030 with Moneypoint still viewed as offering excellent transfer capabilities.
*Photograph: Páraic McMahon THE ESB is hoping to secure permission for site investigation works at Moneypoint as part of the early stages of its multi-billion euro Green Atlantic plan.
*Planning is envisaged to be obtained by 2026 with construction hoped to commence thereafter. A REPLACEMENT PARTNER FOR EQUINOR to develop a major wind farm off the coast of West Clare is to be announced next month.
Artist’s impression of the new Moneypoint Renewable Energy Hub in Co. Clare. MONEYPOINT HAS THE POTENTIAL to generate €3bn for the Irish economy should its offshore energy plans hit full steam.
*Photograph: Joe Buckley SCOPING A POTENTIAL green hydrogen plant in Shannon is to be explored as part of a new project which is among the first of its kind in the country.
PHASE ONE of ESB’s plans to turn Moneypoint into a renewable energy hub has received the thumbs up from the Minister for the Environment, Climate and Communications, Eamon Ryan (GP) who also announced that a replacement for Equnior is to be unveiled in the near future.
LIGHTING IMPROVEMENTS in Barefield are estimated to cost €11,000 for a 200m stretch of road.
CO CLARE is under a status yellow weather warning until 12pm on Monday.
*Equnior and Shell have exited the Irish market. CLARE COUNTY COUNCIL have been urged to deliver added income in development levies from renewable energy companies.