EirGrid to host information events to establish forums for Powering Up Dublin

The Powering Up Dublin Community and Business Forums bring together people and organisations from across the project area so that stakeholder, community and local businesses’ views can be discussed, understood and properly considered throughout the lifecycle of the project. This project will see up to 50km of cables being installed, with some cables replacing existing…

MaresConnect Interconnector Raises New Capital From Foresight Energy Infrastructure Partners

London, 11 May 2022 • Funding secured for the project’s development to position MaresConnect as Ireland’s next interconnector • MaresConnect will make a major contribution to achieving Ireland’s 2030 environmental goals Foresight Group Holdings Limited¹, the listed sustainability-led infrastructure and private equity investment manager, has acquired a majority stake in the MaresConnect² interconnector project (“MaresConnect”),…

Energy: What do we know about the UK’s new strategy?

The plan will aim to boost UK energy production, including from renewable sources, in a bid to move away from Russian oil and gas. Boris Johnson has been holding talks with figures from the nuclear, renewables, and North Sea oil and gas sectors ahead of the launch. Ministers are also under pressure over soaring energy…

Ireland in danger of wasting offshore energy opportunity, committee told

Offshore wind can deliver “80 gigawatts” of power, almost ten times the size of Ireland’s grid of “5-and-a-half gigawatts,” CEO of Shannon Foynes Port Company Pat Keating declared. Mr Keating was addressing the Joint Committee on Environment and Climate Action. Committee Chair Brian Leddin, Green Party TD, noted that that the war in Ukraine has…

Taoiseach tells French summit that Ireland aims to become exporter of energy

Ireland’s aim is to become an energy exporter but it remains vulnerable currently because of its dependence on imported fossil fuels, Taoiseach Micheál Martin has declared. Speaking at a French summit of 40 world leaders, Mr Martin said Ireland’s “way out” of dependence on foreign supplies will rely on offshore wind, especially “floating” turbines, green…