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Australian aid group wants audit
 
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Australian aid group wants audit Irish Business News Irish Message |
Irish Business News
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Australian aid group wants audit
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A massive offshore wind farm planned off Louth, Ireland in the North Irish Sea
A major offshore wind farm is at an advanced stage of planning for the North Irish Sea. The wind farm will have capacity to generate 330 megawatts of electricity. On completion, it would be Ireland’s largest renewable electricity generator and one of the largest power stations in the country. The project is being developed by an Irish renewable energy company, Oriel Windfarm Limited, and is located in the Irish Sea between Dundalk and Drogheda.
On completion, the wind farm will have capacity to generate in excess of 5 per cent of Ireland’s electricity needs, producing enough electricity for 250,000 homes. It would reduce the Government’s carbon emission liabilities, reduce national dependence on fossil fuel burning power stations and enhance security of supply by reducing dependence on imported fossil fuels.
Commenting on the project today, Brian Britton, Managing Director, said: "Offshore wind is increasingly recognised as the key resource in delivering high capacity electricity generation from clean energy. Ireland’s offshore wind resources are totally underdeveloped, despite the fact that we have one of the best wind resources in the world. On obtaining a Foreshore Lease, Oriel will ensure this important national resource in the North Irish Sea is developed at an early date. Power generation contributes approx. 24 per cent of greenhouse gas emissions nationally. The electricity produced by Oriel would displace electricity produced by conventional power stations and will reduce the need to construct additional fossil fuel burning power stations. Based on SEI’s projections, we estimate that the Oriel wind farm could lead to savings of over €14m per annum in carbon credit expenditure by the Exchequer. Should UN recommendations on carbon fines be accepted this figure could be as high as €36m per annum,".
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