Corrib shareholders look to harness power of renewables

The Corrib gas terminal: owners Nephin Energy and Vermilion believe renewables will play a key part in its future

The board, which runs Canada’s state pension scheme, is understood to be keen to support the Corrib owners’ plans, which will tie in with its aim of backing sustainable projects. Data shows that Ireland’s northwest coast has some of highest wind penetration in Europe, offering scope for development of electricity generation.

Bord Gáis Energy plans two new natural gas-fired electricity generating stations for Dublin and Westmeath that will be designed to run on hydrogen when that becomes commercially available. State company Gas Networks Ireland, which operates the natural gas transmission system, has a green hydrogen pilot programme.

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