Latest news with #GreenAtlantic
Irish Times
7 hours ago
- Business
- Irish Times
Moneypoint power station ends coal use ahead of schedule
The ESB has ended coal use at its Moneypoint electricity generation station in the Shannon estuary in Co Clare and is switching to oil use for the coming years. Generating power with heavy fuel oil is less carbon intensive than coal, while the station is expected to be used less in the future. The exit from coal use is six months earlier than anticipated at the facility, which has been in operation since the mid-1980s. The move is part of the continuing transformation of Moneypoint into a renewable energy hub. The power plant has been burning coal for 40 years but began its transition away from fossil fuel generation on site in 2017 with the construction of a 17 megawatt onshore wind farm. READ MORE In 2021, ESB announced its Green Atlantic @ Moneypoint project, an ambitious plan to transform the site into one of the country's largest renewable energy hubs, using its deepwater port and existing infrastructure. [ Republic may need to consider nuclear power to meet energy demand and climate goals, says EirGrid chairman Opens in new window ] This is planned to coincide with scale-up of offshore wind projects off the west coast in coming years. Phase one of this plan was completed in 2022 with the installation of a €50 million synchronous compensator to facilitate more efficient accommodation of renewables on the national grid. Moneypoint, which at one stage supplied up to 25 per cent of Ireland's electricity needs, will continue to provide security of supply for Ireland's electricity system as a backup facility; a power plant of last resort for EirGrid. The ESB intends to end oil use in 2029.
RTÉ News
15 hours ago
- Business
- RTÉ News
Moneypoint Power Station to end coal burning after 40 years
After 40 years of operation ESB is to cease burning coal at its Moneypoint Power Station in Co Clare from today. However, the plant will continue to provide security of supply for Ireland's electricity system by operating as a back-up out-of-market generator of last resort for Eirgrid. It will use heavy oil for electricity generation in place of coal for the next four years. ESB is continuing the transformation of its Moneypoint power station, at Kilrush in Co Clare, into a renewable energy hub by ending the use of coal for electricity generation six months earlier than planned. It is a significant milestone in the organisation's Net Zero carbon emissions strategy. Two years ago, it signed an agreement with EirGrid to keep the plant generating electricity using oil from 2025 up to 2029. It will only be required to operate when the electricity system is short of generating capacity, and only under instruction from EirGrid. Oil generation is less carbon intensive than coal generation, and the station is expected to see significantly less running during this four-year period. Moneypoint will remain a key site for ESB and for the Mid-West region as the station evolves and transforms to support the Irish government to achieve its climate targets. ESB commenced its transition away from fossil fuel generation at Moneypoint in 2017 with the construction of a 17MW onshore wind farm. In 2021, it announced Green Atlantic at Moneypoint, a multi-billion-euro plan to transform the site into one of the country's largest renewable energy hubs, utilising its deep-water port and existing infrastructure. Phase one of this plan was completed in 2022 with a €50 million investment in Ireland's first synchronous compensator, a zero-carbon technology that allows the system to utilise ever increasing amounts of use of renewable electricity. The Moneypoint power station has been operating since the mid 1980s. It contains three separate coal-fired power generating units, capable of producing up to 305 MW of electricity each, giving the plant a total electricity generation capacity of 915 MW. At its peak of operation, it was capable of supplying about a quarter of Ireland's total electricity needs. However, in recent years its contribution has been significantly lower than that. Before the Moneypoint station was built Ireland was very heavily dependent on imported oil for the generation of electricity. However, the oil crises of 1973 and 1979, and the crippling shortages that resulted, underscored domestic and international fears about the security of that oil supply. It was because of that it was considered a good idea to include a substantial coal-fired power station in the electricity production mix. Coal is the most carbon intensive of all fossil fuels and is about 25% more carbon intensive per unit of electricity generated than Heavy Fuel Oil it replaced. However, back in the 1980's when Moneypoint was commissioned very little attention was paid to the issue of carbon emissions from burning fossil fuels for electricity. It that regard is perhaps ironic now that, as Ireland is ending the use of coal for electricity generation because of climate policy, it is temporarily reverting to burning the same type of oil for electricity that was being used before the three coal-fired units at Moneypoint were commissioned in the first place. This time round however, Moneypoint will not be active in the wholesale electricity market and will in effect only be operated for limited hours. It will be used as a back-up, out of market generator, that Eirgrid can call on any time they need extra generation capacity to ensure a stable supply of electricity for the Irish market. This means nevertheless that it will remain a critical station for the security of supply for the Irish electricity system, particularly over the winter period, and it will still be a significant source of carbon emission because it will burn a fossil fuel, oil. ESB has installed two massive heavy fuel oil storage tanks at Moneypoint with a capacity between them of 50,000 tonnes. Prior to this, the plant had the capacity to store enough coal for the generation of up to three months' supply of electricity. It is intended that the back-up generation of electricity at the plant using heavy fuel oil will cease in 2029.
