Jack Chambers (Dublin West, Fianna Fail) | Oireachtas source

There is a need to ensure progress on this. We are engaging regularly with the Port of Cork on its needs, both in meetings and through correspondence, in respect of the proposed development at Ringaskiddy. There is extensive engagement with the corporate governance division on the financing needs of the port. The offshore renewable energy ports division, which was established last year, has also been extensively engaging with the Port of Cork on this matter in the context of the CEF, but also on the timelines the Deputy set out.

The bottom line for the Government is to ensure that we make progress on this and meet our objectives on offshore renewable energy. We are obviously working with the Port of Cork on that. It has various financing options, some in the private sector and some through the Connecting Europe Facility, potentially. A decision will be made on that and communicated to us very soon. We are continuing with this and we obviously want to see progress on this to ensure we meet the objectives set out in the 2030 targets.

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