Oireachtas Joint and Select Committees

Tuesday, 16 May 2023

Joint Oireachtas Committee on Climate Action

Renewable Energy and Port Capacity: Discussion

Mr. Tim Murphy:

If the Deputy will pardon the pun, with a fair wind, we plan to have all of the structure in place by the middle of 2026. This is well in advance of any developers' needs.

Second, it is quite clear from talking to developers that they will need at least two ports in the Republic to serve the needs of ORE. We welcome the Government's planning-led approach to the consenting within phase 2 and phase 3 and, despite some developers initial misgivings about it with respect to money being lost, they believe it is the correct way of doing it. That has been the practice around the world and it should be welcomed.

I have already mentioned the announcement by the Minister, Deputy Coveney, of the new National Industrial Strategy for Offshore Wind which is also welcome.

We have had very positive engagements with the Minister's national task force, NTF, and the Department and they have been very supportive of this.

Regarding the scale, we are talking about a couple of hundred million euro, or €200 million. We are in active discussions with the Ireland Strategic Investment Fund and are awaiting EU funding.