Tuesday, 1 June 2021
Ceisteanna Eile - Other Questions
I agree with the Deputy and even since the programme for Government was written, things are changing here which may actually see some of the targets being exceeded, if we get our policy approach right, and we may get some of the timelines reached earlier. As an example of that, I cite the announcement by ESB and Equinor, two companies with real scale, experience and a history of delivery, and that by 2028 we would start seeing the deployment of this offshore floating capability on the west coast. Indeed, as the Deputy has said, there is the potential development of large hydrogen stores, which may not relate to the grid aspect of this question but is one of the elements that is connected to the grid, which is how we store, share and export this power.
The scale of potential for us if we get this right is beyond compare. As I said in response to Deputy O'Rourke, it is increasingly obvious that those areas that have the grid, where the power comes ashore or where the grid is strong and accessible, are where industry will go. For the new Shannon task force the Government is establishing, this is the economic opportunity to lift the entire region.