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Offshore wind in Ireland

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  • 19-01-2020 11:20am
    #1
    celtic_oz
    Registered Users Posts: 1,553 ✭✭✭


    Is there some reason we can't start building more of this, with credit so cheap ??




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    #2
    Harry Palmr
    Closed Accounts Posts: 40,061 ✭✭✭✭Harry Palmr


    1.5bn proposed investment with German company (article from October)

    https://www.irishtimes.com/business/energy-and-resources/joint-venture-to-build-1-5bn-wind-farm-off-dublin-coast-1.4051797
    An Irish-German partnership has moved a step closer to building a €1.5 billion wind farm off the east coast.

    German energy giant, Innogy and Irish player, Saorgus, plan to build an offshore wind farm, dubbed Dublin Array, 10km off the east coast and close to the capital, capable of generating enough electricity for up to 600,000 homes.

    Innogy confirmed on Wednesday that it has applied to the Department of Planning for a foreshore licence that will allow completion of surveys needed for the project.
    The move is a key part of the preparations for building and designing the electricity generating plant.

    Looking at the ESB site, https://www.esb.ie/our-businesses/generation-energy-trading-new/wind-energy/wind-energy-projects


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    #3
    celtic_oz
    Registered Users Posts: 1,553 ✭✭✭celtic_oz


    thanks for that.

    Did we go to tender and get a walk away price per MW ?

    This sentence
    A statement on Wednesday said that Dublin Array would cost more than €1 billion to build. Earlier this year, Innogy chief operating officer Hans Bünting estimated the final bill at between €1.2 billion and €1.5 billion

    makes me nervous that we entered into a contract similar to certain hospital where any cost overruns are borne by the state.


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    #4
    Markcheese
    Registered Users Posts: 8,430 ✭✭✭Markcheese


    celtic_oz wrote: »
    thanks for that.

    Did we go to tender and get a walk away price per MW ?

    This sentence



    makes me nervous that we entered into a contract similar to certain hospital where any cost overruns are borne by the state.

    Isn't this a price support scheme? The company tenders for how much support they need per kw ,and are payed according to production .. if they don. Produce the juice they don't get the support ...
    ( Open to correction )

    Slava ukraini 🇺🇦



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