What is Ireland's energy storage policy?
This is the first electricity storage policy published in Ireland. The Irish Government’s Climate Action Plan 2021 set out the need for an energy storage policy for Ireland to support 75% reduction in power sector CO2 emissions by 2030.
Why should Ireland support energy storage?
By supporting energy storage Ireland can enable more renewable electricity on the grid, reduce our reliance on imported fossil fuels and our exposure to volatile gas commodity prices while significantly lowering our carbon emissions.
Will Ireland be a business-friendly market for energy storage?
The publication of the Electricity Storage Policy Framework sends a clear and positive signal to potential developers and funders that Ireland intends to be a business-friendly market for energy storage, writes Seanna Mulrean, Consultant and Head of Energy and Natural Resources at LK Shields.
What is energy storage Ireland?
Industry Representatives. Energy Storage Ireland is a newly established representative body composed of industry members who are active in the development of the energy storage market in Ireland.
What are the future plans for electricity storage?
Two memos setting out future plans for development of electricity storage, which will allow excess renewables to be stored and used when needed, and for private wires have been approved by Cabinet. The latter will allow community energy groups, private individuals or other energy users to run their own electricity cables to transfer electricity.
What is Ireland's energy policy?
The policy is a practical initiative in Ireland’s energy strategy and is designed to advance the integration of ESS into the grid network. By addressing key areas such as market access, technical standards, and funding mechanisms, the Policy aims to provide a realistic framework for achieving Ireland’s renewable energy targets.
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