*Photograph: Páraic McMahon. AN AGREEMENT has been signed between ESB and Eirgrid which will see Moneypoint available as an out-of-market generator of last resort from 2025 to 2029 running on oil.
*Photo (l to r): At the signing of an agreement to work towards establishing a supply-chain corridor for exporting green fuels, particularly Green Hydrogen or its derivatives, to Europe were Pat Keating, Chief Executive, Shannon Foynes Port; Brendan Rogers, Irish Ambassador to the Netherlands and Mark Dijk, Manager External Affairs at the Port of Rotterdam. …
Shannon Foynes Port strike deal with Port of Rotterdam Read More »
*Photograph: John Mangan MONEYPOINT will continue to function as a reserve electricity supplier until the end of this decade.
*Leo Varadkar. Photograph: Paul Corey AN TAOISEACH, Leo Varadkar (FG) is to visit Co Clare this weekend.
A MEMORANDUM OF UNDERSTANDING (MAU) has been signed by the ESB and Shannon Foynes Port to support the transformation of the Shannon Estuary as a major centre of deployment for floating offshore wind projects in Irish and international waters.
*Minister Eamon Ryan in Clare last November. PACE at which offshore renewable energy is developing in Clare has been labelled as “baffling” by Ennis Chamber.
*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.
