Renewables set to save Irish consumers €180m, energy report finds

Carbon emissions from Ireland’s electricity sector could be cut from almost 10 million tonnes annually to under 2 million tonnes of CO2 equivalent by 2030 and bring a €180 million price reduction for consumers, according to a report by energy specialists Baringa. Their analysis issued on Wednesday also sets out a more long-term pathway to a…

EPA calls for ‘immediate increase’ in pace of emissions reductions

A “significant and immediate increase” in the scale and pace of greenhouse gas emission reductions is required if Ireland is to have any chance of meeting demanding targets in the Climate Bill, the Environmental Protection Agency (EPA) has warned. The programme for government and the Bill commit to a 51 per cent reduction in emissions by 2030…

Power firms warn time is short for green energy plan

They say getting to 70pc renewable electricity by 2030, as currently planned, will need multiple battery-storage installations, the completion of three planned transboundary interconnectors and a strengthened transmission grid. Even with all these components in place, natural gas will remain essential to power supply in 2030 and beyond, albeit on a reduced scale. They also warn…

Ireland plans to ban fracked gas imports and stop LNG terminal developments

Ireland’s Environment, Climate and Communications Minister Eamon Ryan has confirmed the government’s approval to block imports of fracked gas into the country. It also includes a moratorium on the development of liquefied natural gas (LNG) import terminals, pending the completion of the review of security of supply. The review will consider if it would be appropriate, or…

Moneypoint to become a green energy hub powering 1.6m homes

A 1,400MW floating offshore windfarm, a turbine construction hub and a hydrogen production facility are among the plans to transform ESB’s Moneypoint site into a green energy hub. Today (9 April) ESB announced a multibillion-euro programme that aims to deploy a range of renewable technologies in Moneypoint, Co Clare, which will have the capacity to…

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