Scrapping of proposed Galway power plant to add to pressure on supply

British company EP Energy says building of gas-fired facility is no longer economically viable due to decisions made by Irish regulators

Jim Dollard, the head of ESB’s generation division, has warned that over a third of the emergency power supply procured by Eirgrid may not be in place for this winter due to the aggressive timelines associated with the project. Picture: Fergal Phillips

The state’s plans to solve the growing mismatch between power supply and demand were dealt a major blow last week after a British energy company terminated work on a large-scale power plant it was due to build by 2025.

EP Energy, a London-based energy company, confirmed to the Business Post it had scrapped plans to build a 260 megawatt (MW) gas-fired power plant in Co Galway.

It cited soaring inflation costs and the refusal of ...