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Wind Power In The Republic Of Ireland
, the island of Ireland had 5,585 MW of installed wind power capacity, with 4,309 MW in the Republic of Ireland. In 2020, wind provided over 86% of Ireland's renewable electricity and generated 36.3% of Ireland's electricity demand, one of the highest percentages globally. In 2023, Wind Energy Ireland confirmed that wind farms provided 35 per cent of Ireland and Northern Ireland’s electricity in 2023, totalling a record breaking 13,725 gigawatt-hours (GWh). Ireland has over 300 wind farms, mostly onshore. A Public Service Obligation subsidy supports renewable energy and wind power development, driven by concerns over energy, security, and climate change mitigation. Capacity Growth Eddie O'Connor (businessman), Eddie O'Connor, then CEO of the semi-state owned peat harvesting company, Bord na Móna, commissioned the country's first "commercial wind farm" in a cutaway peat bog in County Mayo in 1992. Wind power deployment in the Republic of Ireland began slowly during the 1990' ...
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Wind Power Installed Capacity And Generation In Ireland
Wind is the natural movement of air or other gases relative to a planet's surface. Winds occur on a range of scales, from thunderstorm flows lasting tens of minutes, to local breezes generated by heating of land surfaces and lasting a few hours, to global winds resulting from the difference in absorption of solar energy between the climate zones on Earth. The study of wind is called anemology. The two main causes of large-scale atmospheric circulation are the differential heating between the equator and the poles, and the rotation of the planet (Coriolis effect). Within the tropics and subtropics, thermal low circulations over terrain and high plateaus can drive monsoon circulations. In coastal areas the sea breeze/land breeze cycle can define local winds; in areas that have variable terrain, mountain and valley breezes can prevail. Winds are commonly classified by their spatial scale, their speed and direction, the forces that cause them, the regions in which they occur, ...
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Acciona Energy
Acciona, S.A. () is a Spanish multinational conglomerate dedicated to the development and management of infrastructure (construction, water, industrial and services) and renewable energy. The company, via subsidiary Acciona Energía, produces 21 terawatt-hours of renewable electricity a year. The company was founded in 1997 through the merger of ''Entrecanales y Tavora'' and ''Cubiertas y MZOV''. The company's headquarters is in Alcobendas, Community of Madrid, Spain. The company's U.S. operations are headquartered in Chicago, Illinois. The Company employs 30,000 professionals, and it is to be found in 30 countries on five continents. The company is IBEX 35-listed and an industry benchmark. History The company can trace its origins back to ''MZOV'', a firm founded in 1862. In 1978 ''MZOV'' merged with ''Cubiertas y Tejados'', a business founded in 1916, to form ''Cubiertas y MZOV''. In 1997 the company merged with ''Entrecanales y Tavora'', a firm founded in 1931, to form ...
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Airtricity
SSE Airtricity (previously Eirtricity) is an energy company founded in Ireland in 1997, and now a subsidiary SSE plc. SSE Airtricity supplies and distributes electricity and gas to Northern Ireland and the Republic of Ireland. History The company was founded as ''Eirtricity'' (derived from the word ''Éire'', Irish for "Ireland") in 1997 by Eddie O'Connor, developed generation capacity in Ireland based in counties Cavan, Donegal, Sligo and Wexford construction, though only 7 of a planned 200 turbines were actually built. The company changed its name to Airtricity in 2002. It rebranded as SSE Airtricity in February 2014. In 2007 Airtricity was named 'The No.1 Best Company to Work For in Ireland' by the Great Place To Work Institute. The company sold its North American assets in October 2007 to the German Group E.ON for approximately $1.4bn. The company was sold to SSE plc in January 2008 for approximately €1.1b. On 15 January 2009, Airtricity obtained consent from the D ...
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GE Energy
GE Power (formerly known as GE Energy) was an American energy technology company owned by General Electric (GE). In April 2024, GE completed the spin-off of GE Power into a separate company, GE Vernova. Following this, General Electric ceased to exist as a conglomerate and pivoted to aviation, rebranding as GE Aerospace. Structure As of July 2019, GE Power is divided into the following divisions: * GE Gas Power (formerly Alstom Power Turbomachines), based in Atlanta, Georgia. ** Gas turbines ** Heat recovery steam generators (HRSG) * GE Steam Power (formerly Alstom Power Systems), based in Baden, Switzerland. ** Steam turbines ** Electric generators ** Boilers ** Air Quality Control Systems (AQCS) * GE Power Conversion (formerly Converteam), based in Paris, France. * GE Energy Consulting History GE Power Systems GE Power Systems was a division of General Electric operating as supplier of power generation technology, energy services and energy management and also in ...
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Irish Sea
The Irish Sea is a body of water that separates the islands of Ireland and Great Britain. It is linked to the Celtic Sea in the south by St George's Channel and to the Inner Seas off the West Coast of Scotland in the north by the North Channel (Great Britain and Ireland), North Channel. Anglesey, North Wales, is the largest island in the Irish Sea, followed by the Isle of Man. The term ''Manx Sea'' may occasionally be encountered (, , ). On its shoreline are Scotland to the north, England to the east, Wales to the southeast, Northern Ireland and the Republic of Ireland to the west. The Irish Sea is of significant economic importance to regional trade, shipping and transport, as well as fishing and power generation in the form of wind power and nuclear power plants. Annual traffic between Great Britain and Ireland is over 12 million passengers and of traded goods. Topography The Irish Sea joins the North Atlantic at both its northern and southern ends. To the north, the ...
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Arklow
Arklow ( ; ; ) is a town in County Wicklow on the southeast coast of Ireland. The town is overlooked by Ballymoyle Hill. It was founded by the Vikings in the ninth century. Arklow was the site of one of the Battle of Arklow, bloodiest battles of the Irish Rebellion of 1798, 1798 rebellion. Its proximity to Dublin led to it becoming a commuter town with a population of 13,163 as of the 2016 census of Ireland, 2016 census. The 2022 census of Ireland, 2022 census recorded a population of 13,399. The town is in a townland and Civil parishes in Ireland, civil parish of the same name. Arklow is at the mouth of the River Avoca, the longest river wholly within County Wicklow. The town is divided by the river, which is crossed by the Nineteen Arches Bridge, a stone arch bridge linking the southern or main part of the town with the northern part, called Ferrybank. The Nineteen Arches Bridge is the longest handmade stone bridge in Ireland, and a plaque on the south end of the bridge ackn ...
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Arklow Bank Wind Park
Arklow Bank Wind Park is a 25 megawatt offshore wind farm generating electrical power for the County Wicklow, Wicklow region in Republic of Ireland, Ireland. It is the first offshore wind farm in Ireland, and the world's first erection of wind turbines rated over 3 MW. It is located on the Arklow Bank, a shallow water sandbank in the Irish Sea, around off the coast of Arklow with an area of . The project is being co-developed by Airtricity and GE Wind Energy. The Arklow Bank Wind Farm capacity remained 25MW as of October 2018. In October 2022, lightning struck and burned a turbine. Phase 1 In 2002, Airtricity obtained an offshore lease for a 520 MW offshore wind farm. The first phase of the project, commissioned in June 2004, consists of seven GE Wind Energy, GE 3.6-megawatt generators. They were installed by the Danish offshore wind farms services provider A2SEA. Power cables were laid by Five Oceans Services (now SIEM Offshore Contractors), and construction o ...
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Feed-in Premium
A feed-in premium (FIP) is a policy mechanism designed to support investment in renewable energy. In a FIP, renewable energy producers sell to the electricity market and receive a payment (premium) in addition to the market price. See also * Feed-in tariff A feed-in tariff (FIT, FiT, standard offer contract,Couture, T., Cory, K., Kreycik, C., Williams, E., (2010)Policymaker's Guide to Feed-in Tariff Policy Design National Renewable Energy Laboratory, U.S. Dept. of Energy advanced renewable tariff, ... References Renewable energy economics Renewable energy policy Renewable energy law {{renewable-energy-stub ...
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Feed-in Tariff
A feed-in tariff (FIT, FiT, standard offer contract,Couture, T., Cory, K., Kreycik, C., Williams, E., (2010)Policymaker's Guide to Feed-in Tariff Policy Design National Renewable Energy Laboratory, U.S. Dept. of Energy advanced renewable tariff, or renewable energy payments) is a policy mechanism designed to accelerate investment in renewable energy technologies by offering long-term contracts to renewable energy producers. This means promising renewable energy producers an above-market price and providing price certainty and long-term contracts that help finance renewable energy investments. Typically, FITs award different prices to different sources of renewable energy in order to encourage the development of one technology over another. For example, technologies such as wind power and solar PV are awarded a higher price per kWh than tidal power. FITs often include a "digression": a gradual decrease of the price or tariff in order to follow and encourage technological cost red ...
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Value-added Tax
A value-added tax (VAT or goods and services tax (GST), general consumption tax (GCT)) is a consumption tax that is levied on the value added at each stage of a product's production and distribution. VAT is similar to, and is often compared with, a sales tax. VAT is an indirect tax, because the consumer who ultimately bears the burden of the tax is not the entity that pays it. Specific goods and services are typically exempted in various jurisdictions. Products exported to other countries are typically exempted from the tax, typically via a rebate to the exporter. VAT is usually implemented as a destination-based tax, where the tax rate is based on the location of the customer. VAT raises about a fifth of total tax revenues worldwide and among the members of the Organisation for Economic Co-operation and Development (OECD). As of January 2025, 175 of the Member states of the United Nations, 193 countries with UN membership employ a VAT, including all OECD members except the Tax ...
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Subsidy
A subsidy, subvention or government incentive is a type of government expenditure for individuals and households, as well as businesses with the aim of stabilizing the economy. It ensures that individuals and households are viable by having access to essential goods and services while giving businesses the opportunity to stay afloat and/or competitive. Subsidies not only promote long term economic stability but also help governments to respond to economic shocks during a recession or in response to unforeseen shocks, such as the COVID-19 pandemic. Subsidies take various forms— such as direct government expenditures, tax incentives, soft loans, price support, and government provision of goods and services. For instance, the government may distribute direct payment subsidies to individuals and households during an economic downturn in order to help its citizens pay their bills and to stimulate economic activity. Here, subsidies act as an effective financial aid issued when t ...
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