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Thread: Coillte agree deal with Element Power for wind farms in Midlands.

  1. #1

    Default Coillte agree deal with Element Power for wind farms in Midlands.

    Today Element Power and Coillte announced a deal to build wind farms on Coillte owned land throughout the Midlands.

    We can expect more announcements on Irish electricity exports to Britain early next year.

    The press release is below.

    IMMEDIATE ISSUE – 20.12.2012


    Element Power signs land lease option with Coillte for leading Irish export wind energy project
    Greenwire invites further strategic partner interest as British and Irish Governments agree terms for Memorandum of Understanding

    December 20th - Element Power today announced that it has signed an option agreement to lease lands from Coillte, Ireland’s leading natural resources company, which will enable it to consider wind farm development on some Coillte-owned sites in the Irish midlands, as part of a major wind energy export project.

    The deal gives Element Power the potential to incorporate a selection of Coillte sites within clusters of wind farms being developed for the Greenwire project across the counties of Kildare, Laois, Meath, Offaly and Westmeath, for which the developers, Element Power intend to seek planning permission.

    Greenwire is the first and only wind export project in Ireland with firm grid connection to the UK National Grid having earlier in the year secured two connection points in Wales with a view to delivering 3,000 megawatts of wind energy from Ireland to the UK by 2018. This agreement with Coillte further strengthens that position.

    Welcoming the announcement today, CEO of Element Power Ireland, Tim Cowhig said, “This is another great milestone for Greenwire. In July, we signed firm grid connection contracts with the UK National Grid and in November the UK published their Energy Bill facilitating the import of renewable energy into Britain. We now welcome Coillte as Greenwire’s first strategic partner and will be identifying others in reaching final definition of this ground-breaking project. We know that our experience of developing wind energy will deliver a project which will be a win-win to Ireland and the UK while simultaneously meeting the highest standards expected of the industry.

    “We intend having option agreements with all landowners who wish to participate in this project completed and signed early next year with a view to submitting a planning application by the end of 2013. Those plans are firmly on course and this announcement gives our project substantial additional momentum,” concluded Mr Cowhig.

    CEO of Coillte , David Gunning, said “Coillte is excited to play its part in the development of export led renewable energy projects, which can harvest our natural resources in a sustainable way to the economic benefit of the country. This deal with Element Power is the first significant signing for us in this area and we continue to engage with all the players in the wind energy export sector and look forward to continuing to play a key role in realising this great export opportunity for Ireland Inc.”

    Element Power has reiterated that no new overhead lines will be used in this project which is being developed entirely independently of the Irish electricity grid, supplying the power generated directly to the UK via underground and undersea cabling.

    Coillte is an experienced developer of wind energy projects and is already playing a lead role in helping Ireland meet its national 2020 renewable energy targets with nine major wind energy projects under development across eight counties comprising 600 megawatts of renewable wind energy.

    Element Power today launched a process requesting submissions of interest for further strategic partners for Greenwire.

    ENDS
    Best regards, Pat.Twitter-energy economy news _ _ Each to their ability, together we progress.

  2. #2
    Politics.ie Member james5001's Avatar
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    Thanks for the update Pat, appreciate it.
    The world is a very puzzling place. If you're not willing to be puzzled, you just become a replica of someone else's mind.

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    Quote Originally Posted by james5001 View Post
    Thanks for the update Pat, appreciate it.
    Your welcome james5001
    Best regards, Pat.Twitter-energy economy news _ _ Each to their ability, together we progress.

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    Quote Originally Posted by Pat Gill View Post
    Today Element Power and Coillte announced a deal to build wind farms on Coillte owned land throughout the Midlands.

    We can expect more announcements on Irish electricity exports to Britain early next year.

    The press release is below.
    Also understood to be in discussions with BNM. Nice to see the Irish State supporting private wind developers.

  5. #5

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    Quote Originally Posted by energy View Post
    Also understood to be in discussions with BNM. Nice to see the Irish State supporting private wind developers.
    And of course Pat Rabbitte has already stated that there will be an export tax applied, so everyone wins including the lads and lassies with the jobs building the infrastructure.

    I know for a fact that 3 turbine manufacturers are prepared to locate factories in Ireland to build those turbines and towers.

    Breakfast rolls in large quantities coming to a midlands county near you
    Best regards, Pat.Twitter-energy economy news _ _ Each to their ability, together we progress.

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    A few queries, to those in the know, on the option agreements:

    1. Are the Coillte sites which are the subject of the options publicly identified?
    2. Do the options create an exclusive arrangement - are other developers now excluded from including these Coillte sites from their development plans?
    3. What limitations do the options place on Coillte use of the land during the option period?
    4. Do the option agreements permit Element/Greenwire to apply for planning permission on those sites?

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    Politics.ie Member Analyzer's Avatar
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    Will you get more work from this Pat ?
    Coveney's ambition is the be Ireland's next EU Commissar and Ireland will pay a price as he builds his CV to position himself sufficiently loyal to the nEU empire.

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    Quote Originally Posted by Analyzer View Post
    Will you get more work from this Pat ?
    Somehow I think it wont just Pat, there will be hundreads if not thousands.

    I suppose you will have a problem with that.

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    What a load of vague waffle. Why are they still looking for "partners" despite Coillte and half the landowners in the midlands having already signed up, if we are to believe previous annoucements. Sounds like the whole thing is dieing on its ar$e

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    BNM Tender: View Notice

    Further Details: https://irl.eu-supply.com/app/rfq/pu...ansactions.asp

    Bord na Móna is considering the feasibility of using areas of its landholding and other assets, experience and
    capabilities for the development of a project of significant scale that would directly export renewable energy from
    Ireland to Great Britain.
    This PIN is being published for the sole purpose of seeking responses to a market sounding process with the purpose of exploring the possibility of collaborating with Market Participants, being any entities that:

    (1) have made substantial progress in securing an operational grid connection to Great Britain from Ireland prior to the year 2020; or

    (2) have substantial landholdings that would be suitable for developing a tightly clustered development of wind farms adjacent to Bord na Móna's landholdings in the midlands of Ireland and that would be capable of producing in excess of 100 MW of renewable energy; or

    (3) have significant demonstrable capabilities in the provision of development and management services necessary for a renewable energy direct export project of the scale and complexity described in section 2.4 of the
    PIM; or

    (4) have significant demonstrable capabilities in the supply chain for the major components and major infrastructure necessary for a renewable energy direct export project of the scale and complexity described in section 2.4 of the PIM.

    The purpose of the PIN is to seek views from Market Participants on the project itself and the form which any collaboration between Bord na Móna and Market Participants would take as well as views on the advantages and viability of such an arrangement.

    This is not a call for competition. Bord na Mona has not made a decision regarding whether it will undertake an energy export project, and it makes no undertaking whatsoever that it will undertake, or take part in, any project to export renewable energy to Great Britain.
    Wouldn't it be great to have the safety net of a semi-state/taxpayers for when it all goes wrong ...

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