Blowing €380 million on electricity interconnector to Wales.

patslatt

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The Sunday Business Post today has an article "Imera plans €600 million interconnector",for which there is no link available,but a SBP article on the issue previously is at Sunday Business Post | Irish Business News

How can government owned Eirgrid's project for an interconnector to Wales costing €600 million be given priority over a potential alternative project from Imera that is "building two rival interconnectors from Ireland to Wales which it says will each cost €220 million..."

According to Green Energy Minister Eamon Ryan,the awarding of a €110 million in EU grant aid to Eirgrid for the project was organised by the EU Commission and "the EU Commissioner Andris Piebalgs wanted projects that could be commissioned now and it assessed the Eirgrid interconnector as right and ready to go".

As I understand it, Imera has complained to the European Commission about Ryan's awarding of the grant to Eirgrid,which would seem pointless since it seems Ryan was pressured by the Commissioner into giving the award.

The implications are breathtaking. The EU Commission is in a such mad rush to approve a project that it directs the Irish government to ignore the potential cost difference of €380 million or €270 million net after receipt of the EU grant of €110 million. The Irish government meekly accepts this crazy waste of money. Libertas would have fits.

Why would the Commission be so indifferent to the costs? Maybe the Commissioner is a dogmatic socialist who favours public ownership even when the costs are crazy.

Why is the Irish government wasting €270 million at a time of severe budgetary constraint? And why hasn't the opposition raised a ruckus in the Dail about this waste of money?
 
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wombat

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It may be that the Eirgrid proposal includes the cost of connecting to the domestic grid whereas the alternative excludes that cost - maybe someone from the ESB is out there & can enlighten us.
 

damus

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Another image for a caption taken from broadsheet.ie!
 

BlackLion

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the second best thing FF ever did for Ireland :p
 

DuineEile

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A yes. Just what we need. ANOTHER link to Britain.


D
 

seanmacc

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At least its 380million with something to show for it. We've been throwing billions into a blackhole for years
 

pippakin

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A yes. Just what we need. ANOTHER link to Britain.

D
Whats wrong with another link? It may lower electricity prices, though I've never known them drop. Anyway there are probably more Irish in the UK than there are in Ireland so all this 'another link' business is rubbish, we couldn't get more 'linked' if we were joined at the hip.
 

Analyzer

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Spending 380 Million on anything only makes sense if you get your money back inside 9 years.

And I doubt that they will get a return of 40 Million plus per annum for this.

Another massive waste of money.
 

Red_93

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Spending 380 Million on anything only makes sense if you get your money back inside 9 years.

And I doubt that they will get a return of 40 Million plus per annum for this.

Another massive waste of money.
WTF why NINE, specifically NINE YEARS? Like if it's nine and a quarter years does it stop making sense?
 

rjf_ie

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An interconnector allows for bi-directional flow of electricity... and it's worth the money. It won't stop working after 9 years... but it will

1) help stabilise the grid as the electricity generating capacity within the country struggles to meet peak demand. Wind energy doesn't always help as it tends to be strongest at night and sometimes it can go to zero. having an extra 500MW of power available will give us an additional safety margin - cost of a grid collapse... impossible to calculate

2) provide us with a means to sell 500MW of power to the UK and from the UK into the european energy system. This is essential as we have a surplus of wind energy generation and potential for more.. a surplus when we don't need it can be sold to the UK making more investment in wind energy possible.. and ideally even wave energy. this could be a huge energy profit centre for the country - without the need for such stupid ideas as "spirit of ireland" coastal dams which could cost billions.

so all in all.. well done to Eirgrid and for one I'm really happy that it has been turned on.

PS: it's also false to say that it is the first interconnector. THere is a connector between scotland and N. Ireland, and there is also a connector across the border.
 

Macy

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It may be that the Eirgrid proposal includes the cost of connecting to the domestic grid whereas the alternative excludes that cost - maybe someone from the ESB is out there & can enlighten us.
Could be different capacities too. Loads of variables that could effect the cost. But maybe the opening poster should provide a bit more detail and a bit less rant, rather than onus being on the ESB!
 

Phil Maker

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What are the odds the cable is laid in the optimum location for a chunnel type tunnel, were we ever to build one?
 

A view from England

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An interconnector allows for bi-directional flow of electricity... and it's worth the money. It won't stop working after 9 years... but it will

1) help stabilise the grid as the electricity generating capacity within the country struggles to meet peak demand. Wind energy doesn't always help as it tends to be strongest at night and sometimes it can go to zero. having an extra 500MW of power available will give us an additional safety margin - cost of a grid collapse... impossible to calculate

2) provide us with a means to sell 500MW of power to the UK and from the UK into the european energy system. This is essential as we have a surplus of wind energy generation and potential for more.. a surplus when we don't need it can be sold to the UK making more investment in wind energy possible.. and ideally even wave energy. this could be a huge energy profit centre for the country - without the need for such stupid ideas as "spirit of ireland" coastal dams which could cost billions.

so all in all.. well done to Eirgrid and for one I'm really happy that it has been turned on.

PS: it's also false to say that it is the first interconnector. THere is a connector between scotland and N. Ireland, and there is also a connector across the border.
And of course, when the wind doesn't blow (usually at the coldest times of the year) the UK and Europe can sell you lots of lovely nuclear generated electricity in return.
 

rash mulligan

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And of course, when the wind doesn't blow (usually at the coldest times of the year) the UK and Europe can sell you lots of lovely nuclear generated electricity in return.
Which of course is the real purpose of this connector.

The wind export nonsense is just a fantasy.
 

DuineEile

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Whats wrong with another link? It may lower electricity prices, though I've never known them drop. Anyway there are probably more Irish in the UK than there are in Ireland so all this 'another link' business is rubbish, we couldn't get more 'linked' if we were joined at the hip.
My point exactly. We used to be a nation, a bit like Denmark, or Holland.

Our own language
Our own culture


Now we are basically England West.





I am not happy about that.







D
 

Pat Gill

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Straight out of "Yes, Minister":lol:
wombat, did you mean your comment to apply to exporting Irish electricity or the idea that the UK are going to build a nuclear plant, out of the goodness of their hearts, in order to supply Ireland and that the Irish SEM will put Irish power stations out of business in order to accomodate our cousins nuclear generosity :lol:
 

Pat Gill

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My point exactly. We used to be a nation, a bit like Denmark, or Holland.

Our own language
Our own culture
Now we are basically England West.

I am not happy about that.

D
Are you instead happier to import 97% of Ireland's energy supplies ?

Rather than reduce that % by building an energy industry of our own.
 


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