*Photograph: Páraic McMahon

MONEYPOINT intends to remain “a big employer” for Co Clare while the Tánaiste has acknowledged “impatience” on the progress made for offshore renewable energy on the west coast.

ESB in 2021 announced their future vision, Green Atlantic at Moneypoint, which will see the site redeveloped into a renewables hub which will include the commissioning of one of the largest Synchronous Condensors in the world, a 1,400 MW offshore wind farm, delivered in two phases, a wind turbine construction and service hub plus the development of green hydrogen production, storage and generation facility

In the transition period between 2025 and 2029, subject to planning approval, ESB intends to make Moneypoint available to operate in emergencies only, using oil rather than coal.

Equinor who had partnered with ESB on the Green Atlantic project withdrew in November 2021 citing local regulatory uncertainty. In 2022, energy giant Shell exited the Irish offshore wind energy market, having been working in partnership with Irish marine renewable energy developer, Simply Blue. Last June, ESB confirmed they would jointly develop with Ørsted an offshore wind energy farm portfolio off the west and east coast including Moneypoint.

Addressing the President’s Lunch of Ennis Chamber, Moneypoint station manager, Stevie O’Mahoney described offshore wind as “the real game changer”. The Doonbeg man started his career as an apprentice in Moneypoint in 1984. He said ESB were keen to have the designated maritime area plan (DMAP) proposal for offshore renewable energy off the west coast.

On their arrangement with Ørsted, he said, “we plan to bid competitively with Ørsted”. O’Mahoney added that it is their intention “to bring the powers to Moneypoint”. He pointed out that agreements have been reached to extend the life of the power station to 2029 and that the use of coal will cease next year.

“Offshore wind will come into Moneypoint but we have potential to have a lot of spin off industries, the evelopment of jetties, there is a masterplan to be put together and we hope to publish that by the end of this year,” Stevie continued. “Overall it is a really positive story, it is good Ireland has the energy off the west coast, we want to drive forward, everything happening in Moneypoint apart from it being good for ESB is very good for Co Clare, Moneypoint is a big contributor to the county, with god’s help it will be a big employer,” he concluded and said 300 employees have been taken on “in the last few years”.

Tánaiste, Micheál Martin (FF) who was the keynote speaker for the President’s Lunch told the event, “we are investing in onshore wind and we want to be leading in offshore”.

Speaking to The Clare Echo, the Tánaiste when questioned about outdated wind energy guidelines which prompted both Equinor and Shell to withdraw from the Irish market, responded, “It’s not so much the guidelines but they want to see progress more quickly in the West Coast”.

Offering his explanation why the first DMAPS will commence on the east coast rather than the west, the Minister for Foreign Affairs outlined, “There was one ready on the east coast and we have got to get ahead with it. We’re going to develop east, south and the west, we have to but the key target is to get to very significant gigawatts by 2030, the two auctions on the east coast had to happen and they are well developed some of those, the DMAPS has to happen on this coast, we’re very committed to the Shannon Estuary, to Foynes and this whole area of the Mid-West into North Kerry in terms of wind because I think the renewables and digital is going to be the key to the future, this region is well placed but it is going to take time and it is not going to happen overnight.

“Companies are hustling for it and that is ongoing but there is still an awful lot of investment needed, the last auction we did was one of the most competitive in the world in price terms, there is a lot of interest in Ireland. We set up MARA, the maritime agency for planning for the whole offshore wind and maritime sector, we’ve resourced An Bord Pleanála significantly by 160 or 170 people and that had to be done, overall we’ve made a lot of progress but I take the impatience and I hear the impatience but it can’t be done overnight”.

Related News

Photograph by Eamon Ward
€808k allocation for Clare grounds under Community Climate Action Programme
Vitalograph 50 Years Glor 053 (1)
Vitalograph opens unique exhibition to mark 50th anniversary operating in Ennis
Inagh River - Mal Bay Catchment (Ruairí Ó Conchúir) - Image No 3-2
Discussions underway on creation of catchment community forum in North Clare
john moran 1
Limerick's Directly Elected Mayor 'must promote interests of region not just the area which elected him'
Latest News
limerick greyhound stadium
All roads to Limerick track
seashore-2
Indreabhán marks Heritage Week with seashore event at An Trá Mhór
st breckans v lissycasey 17-09-23 aiden moloney 1
'We're set up to have a cut' - Horse Moloney prepares for showdown with Kilmurry Ibrickane
st josephs miltown v doonbeg 16-08-24 oisin looney 1
Miltown down Doonbeg to be back in the mix for knockout stages
st breckans v lissycasey 17-09-23 joe mcgann 1
Goals bring St Breckan's back into Clare SFC race
Premium
john moran 1
Limerick's Directly Elected Mayor 'must promote interests of region not just the area which elected him'
truagh clonlara v scariff ogonnelloe 28-10-23 michelle caulfield 1
Friday night feel for camogie championship
st breckans v lissycasey 17-09-23 jamie stack 1
Breckan's must be braced for battle with Kildysart
ennistymon v doonbeg 03-08-24 darragh burns 1
Doonbeg must show response versus Miltown
kildysart v corofin 04-08-24 be cillian clancy kieran leahy 1
Kildysart expecting St Breckan's to 'come with the kitchen sink' in round two

Subscribe for just €3 per month

If you’re here, you care about County Clare. So do we. Did you rely on us for Covid-19 updates, follow our election coverage, or visit The Clare Echo every week for breaking news and sport? The Clare Echo invests in local journalism and we want to safeguard its future in our county. By becoming a subscriber you are supporting what we do, will receive access to all our premium articles and a better experience, while helping us improve our offering to you. Subscribe to clareecho.ie and get the first six months for just €3 a month (less than 75c per week), and thereafter €8 per month. Cancel anytime, limited time offer. T&Cs Apply. www.clareecho.ie.

Subscribe for just €3 per month

If you’re here, you care about County Clare. So do we. Did you rely on us for Covid-19 updates, follow our election coverage, or visit The Clare Echo every week for breaking news and sport? The Clare Echo invests in local journalism and we want to safeguard its future in our county. By becoming a subscriber you are supporting what we do, will receive access to all our premium articles and a better experience, while helping us improve our offering to you. Subscribe to clareecho.ie and get the first six months for just €3 a month (less than 75c per week), and thereafter €8 per month. Cancel anytime, limited time offer. T&Cs Apply. www.clareecho.ie.

Scroll to Top