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Offshore wind energy

Energy

Change of direction on offshore wind farms raises investors’ fears

Energy industry experts warn that the government’s sudden policy shift will make it much harder for Ireland to meet its 2030 targets
  • Lorcan Allen
  • March 12, 2023
Energy

Ireland likely to miss 2030 renewable energy targets due to offshore wind policy U-turn

Mid-process move to centralised plan-led system leading to uncertainty among international wind energy investors
  • Lorcan Allen
  • March 12, 2023
Business Post's View

Editorial: Potential of offshore wind energy is too significant to be squandered

An appropriate policy environment is vital if we are to reap the economic benefits of this unparalleled opportunity
  • Business Post
  • March 12, 2023
Companies

Farra Marine completes €5 million fundraise through EIIS

Operator of crew transfer vessels plans to put funds towards seven new boats
  • Lorcan Allen
  • February 26, 2023
Wind energy

Government U-turn ‘puts 80 per cent of offshore wind projects at risk’

Centralised scheme will restrict developers to two sites for offshore projects, with industry sources saying 50 projects comprising 80,000 MW of offshore wind capacity are at risk
  • Lorcan Allen
  • February 26, 2023
Energy

Comment: A year on from Russia’s invasion of Ukraine it’s time for Ireland to lead on clean energy

Increasing renewable generation reduces Ireland’s exposure to variable fossil fuel prices and should therefore protect against the kind of volatile price spikes we have seen in the past year
  • Alistair Phillips-Davies
  • February 24, 2023
Energy

Ireland needs an ‘offshore wind IDA’ to attract foreign energy firms, Cork Chamber says

Two of the largest energy developers in the world have left the market in the last 18 months as concerns have grown about the lack of policy focus
  • Lorcan Allen
  • December 31, 2022
Energy

Bord na Móna chief: offshore wind projects ‘a natural evolution’ for semi-state

Two projects off east and south-east coast will cost €6 billion in joint venture with Spanish developer Ocean Winds
  • Lorcan Allen
  • November 26, 2022
Energy

Bord na Móna unveils plans for two multibillion-euro offshore wind projects

Move into offshore wind marks a new departure for the semi-state company, which traces its history back to harvesting peat from the bogs of Ireland to fuel a number of peat-fired power stations in the midlands
  • Lorcan Allen
  • November 23, 2022
Wind energy

Shannon offshore wind target to generate six times Ireland’s need is ‘baseline estimate’

Eamon Ryan says Shannon Foynes Port can deliver more than 30 gigawatts by 2050, and is optimistic about other offshore wind projects despite two energy giants pulling out of market
  • Peter O'Dwyer
  • November 5, 2022
Wind energy

Offshore wind projects at Shannon could deliver six times Ireland’s domestic energy demand by 2050

Review of Shannon Foynes masterplan says up to 120 floating turbines could be installed offshore per year with thousands of jobs being created and billions of euros of investment pumped into the region
  • Peter O'Dwyer
  • November 4, 2022
Energy

Up to €2bn investment in Irish ports needed to facilitate offshore wind

A new ‘National Ports study’ has found that there is currently only one port on the island of Ireland with the capacity and infrastructure to accommodate the staging and marshalling of offshore wind projects
  • Lorcan Allen
  • September 21, 2022
Energy

Offshore wind division to be set up at energy regulator

Chair of Commission of Regulation of Utilities tells Oireachtas committee that delays in building new grid infrastructure and planning delays are threatening Ireland’s ability to deliver on climate targets
  • Daniel Murray
  • September 20, 2022

€200 million investment planned to make Rosslare Port offshore wind hub

Plan has potential to create 2,000 jobs, Iarnród Éireann says
  • Sarah Taaffe-Maguire
  • April 22, 2022

H&W boss: Ireland must close critical gap in gas storage

John Wood, chief executive of Harland & Wolff, says Ireland and Britain have less than a tenth of the storage capacity of other European countries
  • Lorcan Allen
  • April 17, 2022

Greencoat Renewables purchases 50% stake in German wind farm for €350m

The acquisition represents the company’s first move into German market and its first offshore purchase
  • Eva Short
  • April 4, 2022

Editorial: Government’s lofty energy plans must be matched by an attention to detail

Unless the government solves the staffing and resourcing issues in key state agencies as a matter of urgency, its climate change strategies are little more than empty words
  • Business Post
  • March 27, 2022

More urgency needed to unlock Ireland’s offshore energy potential, port chief says

Chief executive of the Shannon Foynes Port Company says the country has huge potential to export wind energy and hydrogen
  • Sarah Taaffe-Maguire
  • March 23, 2022

Call for offshore wind applications under new maritime framework

Eamon Ryan launched the offshore permitting procedure in Dún Laoghaire this morning
  • Daniel Murray
  • March 21, 2022

Barry Cowen: Sell the ESB and invest in our future energy

Ireland can be a renewable energy exporter and the backbone of a new green Europe
  • Barry Cowen
  • February 8, 2022

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