MaresConnect response to Department of the Environment, Climate and Communications’ consultation on electricity interconnection policy published on 10 June 2022

8 September 2022 Department of the Environment, Climate and Communications Response to consultation on Electricity Interconnection Policy  MaresConnect Limited welcomes the Department of the Environment, Climate and Communications’ consultation on electricity interconnection policy published on 10 June 2022. We set out below our key points in response to the consultation and provide a detailed response to…

MaresConnect Interconnector Secures Ofgem Licence

Dublin, 06 July 2022 – Ofgem’s licence grants MaresConnect the right to own and operate an electricity interconnector project in the UK and provides certain associated powers as a statutory undertaker. MaresConnect is a proposed 750MW electricity interconnector linking the power markets of Ireland and Great Britain¹. The cable route is approximately 245km underground and…

Wind energy monthly report – 34% of Ireland’s power provided in May

This was the most power ever generated by wind in the month of May and over the first five months of 2022 wind has provided 37 per cent of Ireland’s electricity. Prices on the wholesale electricity market fell significantly to an average of €143.27 but market analysts believe this was likely a temporary fall due…

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…

Ireland’s offshore wind energy ambitions are starting to take off

Ireland already has the highest share of onshore wind in its electricity mix of any country in Europe – 38%. But it wants to get 70% of its electricity from renewables by 2030. To deliver that the Government wants to add a further 4GW of onshore wind capacity by then – and build 5 GW…