ESB Asset Development
Investment and Growth
Generation and Wholesale Markets (G&WM) is responsible for identifying and developing opportunities to enhance and expand ESB’s generation portfolio, with the objective of building a balanced, low carbon generation portfolio of scale in the all-islands market.
The implementation of this strategy advanced with the construction of the 880 MW Carrington Power Station near Manchester in Great Britain. This important project is progressing well with all major plant components now on-site; it is expected to reach commercial operation in 2016.
Bringing Power to People
ESB has been actively developing a portfolio of renewable assets, complemented by acquisitions and partnerships. We completed the construction of our €33m Woodhouse wind farm in Co Waterford earlier this year. The new 20 MW wind farm will provide enough green energy to power 10,000 residential homes.
This brings ESB’s operational wind portfolio to over 400 MW. In addition, ESB is actively exploring additional investment opportunities in both wind and alternative renewable technologies, including solar and biomass in order to grow a diverse renewable portfolio.