Oireachtas Joint and Select Committees

Tuesday, 9 June 2015

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Strategic Plan: Bord na Móna

1:30 pm

Mr. Mike Quinn:

There is a capital investment required. There are two main pieces of infrastructure development that we plan to do in briquette factories. The first is to invest in 7.8 MW combined heat and power plants to generate power to run the site and dry the peat. The CHP plants will run on biomass and allow us to export 5 MW of power, leading to an income stream from export of power to the grid. From a biomass perspective, each factory will need approximately €10 million of investment to convert to biomass. I do not want to share too much on the production process for commercial reasons but it is a significant investment.

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