Parlament stopped financing fossil energies
The Irish government doesn't want to finance fossil energies any more. In July 2018, the Parliament in Dublin ratified a law that commits the 8 billion euros state fund (Irish Strategic Investment Fund) to abandon its investments in coal, oil and gas over the next five years. This affects 318 million euros distributed to 150 companies throughout the world.
32 per cent goal has been reached early
463 megawatts of wind energy went online in 2019 in the Republic of Ireland. In the year before that, the expansion was only 193 megawatts. The goal of satisfying 32 per cent of the national power demand with wind energy by 2020 has been reached early. The goal of covering 16 per cent of the overall Irish gross energy demand from renewable sources appears less feasible. In 2018, the contribution was only 11 per cent. The share of fossil fuels in the provision of overall primary energy even rose in light of the positive economy.
Favourable conditions for wind energy
The conditions in Ireland are favourable for producing much more wind energy in the future given the outstanding wind conditions and numerous potentially suitable sites.
The Irish Sustainable Energy Authority estimates the overall potential capacity for wind energy in 2050 at 46 gigawatts in the Republic of Ireland. Of this, 16 gigawatts are onshore wind farms, and 30 gigawatts are offshore. By the end of 2019, around 4.1 gigawatts of onshore wind energy were connected to the grid in Ireland.
ABO Wind in a good position
ABO Wind Ireland Limited has already installed turbines in Glenough, Gortahile, Gibbet Hill, Cappawhite B and Clogheravaddy with a total of 95 megawatts. We also built a 220-kilovolt transformer station to connect the Glenough wind farm (32.5 megawatts) to the grid. The team in Dublin is currently working on further wind farms, some of which already have building permits and are to be constructed over the next few years.
ABO Wind Ireland Limited
Unit 3, Aspen Court
Phone: +353 1 207 0452