Airtricity restarts wind development in home market

13 January 2006 - Irish renewable energy company Airtricity said this week it had raised €130m ($156m) to fund wind farm development in Ireland and overseas. It said it would recommence building wind farms in Ireland for the first time in two years. Airtricity will double its existing generation capacity through the development of sites at locations in Limerick, Cavan and Wexford.

Since ESB National Grid called for a moratorium on wind farm development in December 2003, Airtricity had concentrated on international expansion. As part of this expansion, Airtricity recently appointed Brian Wilson, former UK Energy Minister as Chairman of the company's UK operations group. The UK Operations Group will spearhead the development of Airtricity as a leading UK development company with plans to build one of the largest onshore wind farms in Europe, at Ayrshire in Scotland and a giant 500 MW offshore facility off the south east coast of England. Airtricity is also developing strongly in the United States and last month in support of that growth, acquired a Texas based company- Renewable Generation Inc.

Airtricity is planning to build four new wind farms across Ireland with a total capacity of 110 MW. The farms will be located at Richfield, Co Wexford, Tournafulla, Co Limerick, Bindoo, Co Cavan and Knockastanna, Co Limerick.

Dr Eddie O'Connor, Chief Executive, Airtricity said; "At a time when energy supply, shortages and increasing costs are dominating headlines both at home and abroad, this is a timely boost for our customer base in Ireland. For the last number of years we have stressed the importance of developing our own indigenous energy supply and today's announcement will almost double the capacity that Airtricity will be feeding into the National Grid."

"While we welcome the new support system for renewables we are disappointed that it does not include off shore projects and therefore excludes the Arklow Bank project which would have made a considerable input in enabling Ireland to meet its Kyoto target. Not withstanding that, given our expertise in development and the fact that we have secured turbines at a time of world shortage, we are also pleased to be in a position to help other local developers through Joint Ventures to build out their wind farms."

"It is more obvious now that we cannot be held hostage to fortune and rely on imported energy and fuel sources to power our expanding economy. The wind conditions here are the best in Europe and we must maximise its potential for the benefit for all. As ever, Airtricity is delighted to be the lead developer on behalf of the Irish people he concluded."


Sponsored by FLSmidth

Related Articles

RES Americas, PSE to develop battery storage project

Puget Sound Energy (PSE) and Renewable Energy Systems Americas Inc. (RES Americas) have announced plans to launch a battery storage project in Whatcom County, Washington.

Wind energy project phase gains $300mn financing

Goldwind USA received $300 million financing for the second phase of a wind power project in Panama.

Follow Power Engineering on Twitter

Latest News

NCC Report: DOE must develop stronger policy to foster adequate carbon capture and storage

The National Coal Council (NCC) today released a new study in response to a request by Secret...
CASL DOE light water reactors LWR research and development

DOE extends funding for light water reactor research consortium

MHPS to take over thermal power business

Effective April 1, Mitsubishi Hitachi Power Systems (MHPS) will take over the business in the...

Builder projects 18-month delay for nuclear plant in Georgia

Southern Co. (NYSE: SO) said the firms building its new nuclear power plant in Georgia estima...

Alstom to maintain Olkiluoto nuclear island equipment

Alstom was awarded a five-year contract to maintain equipment at the Olkiluoto nuclear power ...
2014 Projects of the Year

Power Engineering Photo of the Day

Capstone Turbine corporation shale oil and gas microturbines Horizon Power Systems

Capstone Turbine Receives Follow-On Order for Fifteen C65s from Horizon Power Systems

Capstone Turbine Corp. received an order for 15 C65 microturbines for shale oil and gas custo...
Yucca Mountain Nevada nuclear spent fuel waste repository DOE application NRC review SER evaluation volumes

NRC publishes last two volumes of Yucca Mountain safety evaluation

The NRC published two more volumes of its safety evaluation on a geologic high-level nuclear ...

Power Engineering Current Issue

03/01/2014
Volume 118, Issue 3
1403PE-cover

Products Showcase

Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

Buyers Guide Categories

Buyers Guide Company Listings

Power Industry Wire News

Intergraph(R) Releases PV Elite(R) 2015 With New Modeling Capabilities and Other Productivity Enhancements

Intergraph(R) Releases PV Elite(R) 2015 With New Modeling Capabilities and Other Produc...

Utility Execs Explain How to Centralize Crew Management Before and After Storms

Utility Execs Explain How to Centralize Crew Management Before and After Storms

Con Edison 2016 Rate Plan Cites Reliability, Storm Prep, Better Technology

Con Edison 2016 Rate Plan Cites Reliability, Storm Prep, Better Technology

Diesel Particulate Matter (DPM) Testing Evidences 20% Reduction With Use of CyberFuels Dynamo(TM) Cetane Booster

Diesel Particulate Matter (DPM) Testing Evidences 20% Reduction With Use of CyberFuels ...

Miller Energy Declares Cash Dividends on Its Series B, Series C and Series D Preferred Stock

Miller Energy Declares Cash Dividends on Its Series B, Series C and Series D Preferred ...

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>