This ‘will increase renewable energy development, electricity interconnection and security of Irish gas supplies’ – Eamon Ryan
Two memorandums of understanding were signed by Minister for Climate Eamon Ryan and UK secretary of state for energy security and net zero Claire Coutinho. They include an agreement to build two new power interconnectors between the island of Ireland and Britain by the mid-2030s. One already exists while another is being built connecting Co Wexford to Pembroke in Wales, which is due to come into operation next year.
“Climate change does not recognise borders so it is vital that we work in collaboration with our closest neighbours when it comes to realising the potential of renewable energy to achieve our climate goals and greater energy security,” said Mr Ryan. “The UK is Ireland’s closest and one of our most important energy partners. Ireland will therefore benefit significantly from plans to explore development of further interconnection between our all-island electricity market and Great Britain. This highlights the benefits of enhanced interconnection, which include increased security of supply, improved wholesale market competition and the possibility to export surplus renewable electricity during times of oversupply,” said Mr Ryan.
The agreements, she added, will “deepen our energy partnership with Ireland, to deliver cheaper, cleaner and more secure energy to our homes and businesses, and grow our economies”.
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