Work will begin in Offaly today on the largest energy-storage project in Europe.
Work will begin in Offaly today on the largest energy-storage project in Europe.
It’s a joint initiative between South Korea’s Hanwha Energy and Offaly’s Lumcloon Energy.
150 million euro is being invested in the project, and the construction of the facility is bringing 120 jobs to the midlands.
Nigel Reams, chief executive of Lumcloon, says the plant will be a back-up source of power:
The Environment Minister says the new energy storage plant in Offaly is part of a larger plan for switching to renewable energy in Ireland.
Minister Richard Bruton – who’s visiting the site this morning – says the growing renewable sector will provide jobs in the midlands, but admits that it will be a difficult transition:
RICHARD BRUTON TD – TWITTER PROFILE
Chief technical officer with Lumcloon Energy, Frank Burke, says the midlands is the perfect location for new energy facilities.
He explains why they chose this particular site:
Fianna Fail TD Barry Cowen says the project is an example of how the government should be transitioning from peat in the Midlands:
Eirgrid says the new energy storage plant is vital to the stability and security of the grid system.
The national electricity operator says because renewable energy is intermittent these batteries will help the grid to continue in cases where the power system fails.
The CEO says the company has currently 33 percent renewable energy on the system with aim to increase that to 70 percent by 2030.
Mark Foley says the company wants a “green and stable system” going into the future:
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