The government has made an application to the EU.
Fine Gael says an €80 million investment in bog rehabilitation in the Midlands would secure 200 jobs.
The government has asked the EU for the funding for enhanced peat restoration over the next four years.
The money would be taken from the Public Service Obligation fund, which is automatically added to household electricity bills.
Fine Gael TD for Offaly Marcella Corcoran Kennedy says it's welcome news for the area:
Offaly Prize Bonds Holder Wins €500k
BNM Workshop Reunion Taking Place In Offaly Tomorrow
ICTU Reminds Employees Of The Right To Disconnect
Laois Town To Host Famine Commemoration Event
Plans For Billion Euro Data Centre In Westmeath Face New Appeal
Westmeath Councillor Advocates For More Remote Working Hubs
Midlands Homelessness On The Rise
Hundreds Without Power In Westmeath
Westmeath Domestic Abuse Support Service Reports Rise In Cases
Laois TD Highlights GP Gap
Call Made For 'Cost Of Disability Payment' in Budget 2027
Offaly Coffee Shop Listed Among Top 100 In Europe
Man To Stand Trial Over Midlands Tasering Accusation
Another Report Underlines Midlands House Price Inflation
Midlands Braced For Severe Thunderstorms
Sustainable Livestock Village Programme Launched For Tullamore Show
Offaly Woman Named National Carer Of The Year
Plans Lodged For 40 Year Solar Farm Development In Offaly
Midlands MEP Hosts Online Safety Initiative In Brussels
Oireachtas Report Highlights Planning And Infrastructure Reform Needs