Go-ahead due for new ESB plant pending decision on landbank

The government is expected to approve a new ESB power station at Aghada, Co Cork, but only if the state company opens its landbanks to independent competitors.

7th October, 2006

The energy Green Paper, which was published last week, recommended that competition in the energy market be fast-tracked by creating an ESB landbank of station sites which would be opened up to the independent sector to build new power plants.

Over the next seven to eight years, the ESB wi ll be decommissioning 1,500 megawatts worth of power to reduce its market dominance and boost competition.This amounts to at least three older plants, in addition...

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