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Ervia, Equinor Ink Carbon Capture & Storage MoU (Int'l Report)
Equinor,Ervia
Date: 2019-09-06
In Dublin, the Irish state utility company Ervia reports it has inked Memorandum of Understanding (MoU) with the Norwegian firm Equinor -- f.k.a. Statoil -- to undertake research on the potential for Ireland to benefit from Carbon Capture and Storage (CCS).

Under the MoU, Eriva will work with Equinor and the Norwegian Government's wider "Northern Lights" project which aims to drive CCS development across Europe. If successful, this would see carbon emissions from Ireland's electricity production and large industry captured and exported via ship to be permanently stored in Norway's geological reserves in the North Sea.

Ervia, previously known as Bord Gais or Bord Gais Eireann, is a multi-utility company distributing pipeline natural gas, water services and dark fiber services in Ireland. (Source: Business Irish, Ervia, 5 Sept., 2019) Contact: Ervia, Cathal Marley, CEO, +44 01 823 0300www.ervia.ie

More Low-Carbon Energy News Equinor,  Bord Gais,  CCS,  Carbon Emissions,  


Bord Gais Offers Panoramic Power Energy-Saving Tech. (Int'l. Report)
Bord Gais Energy
Date: 2018-07-30
New research from Irish energy provider Bord Gais Energy reports that 47 pct of Irish businesses are satisfied with the energy efficiency of their business and 89 pct of businesses agree that the Government should introduce greater incentives for energy efficiency.

To help meet that need, Bord Gais Energy, through Centrica Business Solutions, will offer Irish businesses a range of innovative solutions to help businesses deliver improvements in operational performance, strengthen resilience, create opportunities for growth and reduce energy spend. Solutions on offer will include Combined Heat & Power (CHP) and an energy insight product called Panoramic Power that provides real-time visibility of energy usage to identify opportunities for energy efficiencies and cost savings. (Source: Bord Gais Energy, Irsh Business & Finance; 27 July, 2018) Contact: Bord Gais Energy Mark Prentice, Managing Director, www.bordgaisenergy.ie

More Low-Carbon Energy News Bord Gais Energy,  Energy Conservation,  Energy Efficiency,  


Brookfield Renewable,Bord Gais, Greencoat Capital
Date: 2018-04-06
Brookfield Earns €7m on Bord Gáis wind farm sales Brookfield Renewable Partners, the Canadian company that acquired Bord Gáis's wind farms for about €700m in 2014, made a $9m (€7.3m) profit selling 20pc of the assets last year, it has revealed. Brookfield sold 137 megawatts of wind farms in Munster last year to Greencoat Capital for an undisclosed sum. The farms were the Knockacummer facility in Co Cork, which has 100MW of generation capacity, and the 37.6MW Killhills wind farm in Co Tipperary. The assets were spun out by Greencoat Capital as a seed portfolio to Greencoat Renewables, which floated on the Irish Stock Exchange last year. Greencoat is backed by AIB and the Irish Strategic Investment Fund. The two wind farms were part of the Bord Gáis Energy portfolio sold by the State three years ago to meet targets set by the Troika. They were bought as part of a larger portfolio of wind assets and projects in development by Brookfield Renewable Partners in a €700m deal.

Brookfield has a total of 76 wind facilities North America, Europe, Brazil, and Asia. The wind farms have a total of 3,529MW of installed capacity. Its total wind farm and solar farm assets were valued at $8.6bn at the end of 2017, which included property, plant and equipment of almost $6.9bn. (Source: Brookfield Renewable, independent.ie, 3 April, 2018) Brookfield Renewable Greencoat Capital Bord Gais

More Low-Carbon Energy News Brookfield Renewable news,  Bord Gais news,  Wind news,  Greencoat Capital news,  

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