The government has made it “absolutely clear” that the state’s energy infrastructure will be able to supply the electricity needed for projects such as a multibillion-euro Intel chip factory, the minister said. Environment Eamon Ryan.
Ireland is said to be one of three countries on a shortlist as a location for some of the company’s planned € 80 billion investments over the next decade, which could create thousands of jobs.
The Business Post reported on Sunday that the tech giant was concerned about locating the facility in the state due to potential energy shortages.
He said the Industrial Development Agency (IDA) had warned that the energy crisis had the potential to inflict “considerable damage to reputation” and negatively affect the country’s ability to attract foreign direct investment.
However, Mr Ryan insisted in response that “we have made it clear that we will be able to supply the electricity for this type of plant, and that will not be the reason why he will not go ahead if This is not the case. to success”.
He said that although Ireland had “immediate [generation] balancing problems this year because two of the plants are out of service, we are very clear that we do not see the energy constraint affecting such an investment decision ”.
The minister said he no longer expected power cuts this year as the two plants would be operational again in winter.
He said Eirgrid had “made it clear to IDA that there will be electricity and that we can handle the kind of investment they are considering.”
Mr Ryan said the state will import emergency power generators for the winter of next year. There had been plans to bring in 200MZ of emergency power this winter, but this was legally challenged.
“We have an immediate short term problem, we need more balancing output on the system, but this will be in place within the next three to four years before any investment like the one under discussion.”