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Partnering with Ørsted to deliver the Tonn Nua offshore wind farm

In partnership with Ørsted, we were provisionally awarded the rights to develop the Tonn Nua site off the coast of County Waterford by The Department of Climate, Energy and the Environment (DCEE).

Currently in an early phase of development, once completed the site will span 306 square kilometres with expected capacity output of approximately 900MW, enough energy to power almost one million homes based on the wind prevalence in the area.

Read the press release

Our Generation Portfolio

Moneypoint

Feb 24, 2022, 09:06 AM
Title : Moneypoint
Location : Co. Clare
Select a choice : Thermal
Latitude : 52.6150190
Longitude : -9.4224810

Capacity: 915 MW

Commissioned: 1985, 1986 and 1987

We are continuing the transformation of our Moneypoint power station in Co Clare into a renewable energy hub with the end of coal generation earlier than planned (June 2025), representing a significant milestone in our net zero strategy.    

Since 2021, we have been progressing a multi-year redevelopment of our Moneypoint site. The Green Atlantic @ Moneypoint programme is a multi-billion Euro programme of projects that will see the redevelopment of this brownfield site. This includes serving offshore renewable energy (ORE) developments in the Atlantic and beyond, supporting the on-going activities of the ORE sector, while meeting the need for energy storage and dispatchable generation.  More information is available on our Green Atlantic @ Moneypoint website. 

Moneypoint is one of Ireland’s largest energy generation stations and was developed in the 1980s to mitigate against the then oil crisis.  In 2023, ESB and EirGrid signed an agreement to keep Moneypoint available (to generate on oil) from 2025 up to 2029. As an out-of-market generator of last resort, Moneypoint will not be active in the wholesale electricity market but will be available to operate, at the instruction of EirGrid, as a backup to the system in the event of a shortage of generation capacity.  More information is available on our Inside ESB section. 
moneypoint-generation-station

Developing and acquiring 1.2 GW of solar energy by 2030

Solar is increasingly central to our net zero energy ambitions. We aim to develop and acquire 1.2 GW of solar by 2030 and continue to develop our growing solar energy portfolio, partnering with others to help deliver this.

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More than 25 years of expertise of onshore wind

Since 1998, starting with our 5MW wind farm in Crockahenny in Co Donegal, we’ve built an onshore wind portfolio supplying nearly 850MW of clean energy in Ireland and the UK.

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Growing our battery storage facilities

We are at the forefront of developing battery systems, supporting the decarbonisation of Ireland's electricity system. We currently have more than 300MWs of battery storage capacity in operation in Ireland, making it one of the largest battery portfolios in Europe.

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Our hydrogen ambitions

We believe hydrogen produced from renewable electricity will play a critical role in the decarbonisation of many sectors. We plan to use our existing capabilities and future renewable growth to become a leading player in large scale renewable hydrogen production, thereby enabling renewable electricity, in the form of electrons or green modules, to meet the energy requirements of Ireland’s future zero carbon economy.

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Investing in offshore wind energy

Offshore wind is playing a major role globally in our fight against climate change and our transition to a zero carbon economy.

We have been involved in offshore wind since 2017 with a number of planned projects for Ireland and the UK.

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Our people working in generation

Meet Joe Shinkwin, Onshore Wind Project Director in our Generation and Trading business. Joe shares how the projects he works on not only deliver clean energy but also create a community benefit fund to support local initiatives. At ESB, we’re investing in renewable energy to help reach net zero emissions, and we’re proud of the people making it happen.

Our people working in generation video