Our Key Projects
Moneypoint Synchronous Compensator
The synchronous compensator at Moneypoint has been in operation since 2023, representing an investment of more than €50m by ESB. Synchronous compensators are electrical devices that are used to manage the stability of the national grid, including the relationship between voltage and current and the resilience of the system to sudden faults. The addition of synchronous compensator devices into the Irish national grid, like the one at Moneypoint, allows for increased utilisation of electricity generated from non-synchronous sources such as wind and solar.
Moneypoint Hub
ESB proposes to develop a new large-scale port facility for the construction, assembly, deployment and maintenance of offshore wind projects – the Moneypoint Hub project. It is envisaged that Moneypoint will be developed to serve both the fixed and floating turbine industries and other maritime renewable energy technologies. It will act as a dedicated land and marine facility for staging, fabrication and deployment of offshore wind foundations.
Coal Yard Redevelopment
We plan to repurpose the existing coal yard for future power generation developments. Existing large-scale coal handling infrastructure will be removed from the site on a phased basis.
Ash Circular Economy Project
Sustainable reuse of legacy materials, including pulverised fly ash (PFA), furnace bottom ash (FBA) and flue gas desulphurisation (FGD) by-products. These by-products have the potential for re-use, which is a significant benefit to the circular economy.
Repowering
Moneypoint will continue to act as a dispatchable thermal generation site ensuring energy security for the country in the context of an increasingly renewable energy system. It is envisaged that this will necessitate the development of new renewables enabling plant. It is currently envisaged that any such facility will be capable of converting to low and zero carbon fuels as technology develops.
The development of adequate long- and short-term energy storage is essential to supporting an energy system that is increasingly reliant on renewable energy generators, which are, by their very nature, intermittent in nature. It is anticipated that energy storage will be accommodated within the Moneypoint site.
ESB is currently developing new generation projects at Moneypoint including up to 600 MW of dispatchable generation operating on low or zero carbon fuels and up to 300 MW of long-duration energy storage (LDES), both ensuring reliable backup for renewable energy.
Zero Carbon Fuels
Pilot and large-scale projects to test and deploy hydrogen-derived fuels, including green ammonia, for electricity generation.
Floating Offshore Wind
Supporting Ireland’s offshore wind ambitions through enabling infrastructure development, research, and international collaboration in preparation for when the National Designated Maritime Area Plan is launched by government in 2027 and floating offshore wind projects development sites are identified.