Concept
Moneypoint is now entering a period of transformational change, as ESB accelerates its drive to achieve net zero emissions by 2040. We are developing plans for the site to accommodate new lower carbon generation capacity, energy storage, and a new renewable energy hub. These plans are collectively known as the “Green Atlantic Concept Strategy @ Moneypoint”.
This landmark multi-year strategy will be key to ESB’s position as a leader in green energy production and is key to our organisational ‘Net Zero by 2040’ strategy. The “Green Atlantic @ Moneypoint Concept Strategy” will be a multi-billion Euro programme of projects that will see the redevelopment of this brownfield site to serve offshore renewable energy (ORE) developments in the Atlantic and beyond, and support the on-going activities of the ORE sector, while meeting the need for energy storage and dispatchable generation.
This Moneypoint Concept Document sets out a vision for an ambitious future – showing how this site can be transformed from a fossil-fuel reliant generation site, to a centre for clean, green energy production. It sets out an overall plan vision for Moneypoint - identifying particular areas of the site and generalised land use activities suited to those locations, enabling individual projects to be seen in the context of this ‘bigger picture’ and wider land-use considerations for the Shannon Estuary. The document is supported by public policy at international, national, regional and local level and is highly complementary to plans for County Clare and the Shannon Estuary.
The strategy will be implemented within a phased programme whereby site re-development will take place while traditional generation activity is on-going. It is envisaged that complete delivery of the strategy may be (in whole or part) over a 15-to-20-year period. Phased delivery will be by means of a series of individual projects been brought forward for planning and environmental consents.
The Concept Strategy has been subject to a thorough Strategic Environmental Assessment (SEA) to identify and evaluate its potential environmental impacts supported by a Strategic Flood Risk Assessment (SFRA) and Appropriate Assessment (AA). Following the public consultation the SEA statement was prepared, and the Strategy was formally adopted by ESB in December 2025.