Irish pumped energy storage project tender announcement

Is a new pumped storage hydro project coming to Ireland?

Foresight Energy Infrastructure Partners has announced an investment into the development of a new pumped storage hydro project in the Republic of Ireland.

Why should Ireland Invest in a disused mining site?

This is critical strategic infrastructure asset for Ireland that will help enable decarbonisation of the power system, bring employment opportunities to the local area and complete the restoration of a disused mining site that will create a long-lasting legacy for the local community.

How much does EirGrid's T–4 capacity auction cost?

EirGrid assigned 7.2 GW of capacity in its latest auction, with 5.4 GW to come from gas power plants. The auction clearing price reached €83.050 ($90.554)/MW per year. Irish grid operator EirGrid has published the provisional results of its latest auction for the capacity market – the so-called T–4 Capacity Auction.

What is a 148 hectare void in Tipperary?

The 148-hectare site is located in Tipperary on the Northern ridge of the Silvermines Mountain range. The project will utilise the existing void to create a lower reservoir and see the creation of a second, upper reservoir just below the crest of the hilltop.

Is the Silvermines hydroelectric energy storage project mature?

This follows An Bord Pleanála confirming that the Silvermines Hydroelectric Energy Storage Project has been deemed mature enough to enter the permit granting process for Projects of Common Interest.

Where is a 148 hectare reservoir in Tipperary?

The 148 ha. site is located in Tipperary on the Northern ridge of the Silvermines Mountain range. The project will utilise the existing void to create a lower reservoir and see the creation of a second, upper reservoir just below the crest of the hilltop.