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Displaying items by tag: Ports Policy Review

Drogheda Port Company successfully managed to navigate the global economic downturn with an improved and solid performance for 2010, delegates where informed during its annual report released yesterday, writes Jehan Ashmore

Traffic levels for the port in 2010 increased indicating positivity in both national and local economies and cargo volumes also showed an increase year on year by 4% with notable increases recorded in agri-imports.

Speaking about the performance of Drogheda Port Company, Leo Varadkar TD, Minister for Transport, Tourism and Sport said; "I congratulate the company on its solid trading performance in 2010 following a difficult year in 2009. Both imports and exports through the port returned to growth in 2010. The company has managed its costs well and remains profitable. I support the company's plans to develop the existing port and indeed to continue to progress its proposal for a new deepwater port at Bremore.

The Minister added "this country's return to economic prosperity will be export-led and Irish ports will play an important role in facilitating that trade. The overall structure of the State's ports will be reviewed later this year as part of the current Ports Policy Review and will take account of the recent recommendations of the McCarthy Group. Irrespective of the outcome, well managed and profitable ports such as Drogheda will continue to play an important role in serving the market and facilitating industry and jobs.

As part of the ongoing the Ports Policy Review a Consultation Document was issued in October 2010, which highlighted the important role of ports to facilitate the return to economic growth when it occurs. In addition new capacity will be required in the medium to long term and this needs to be planned for now.

The consultation also acknowledges the continuing trend towards larger ships requiring deep-water ports, the reduced availability of ships to serve smaller ports and the emergence of the concept of port-centric logistics as a key driver for future port development.

As for this year "a number of new port records were established in 2010" said Mr. Paul Fleming, Drogheda Port chief executive. "In March, the longest ever vessel to be accommodated in the port, the Rusich 1 at over 128m in length berthed at Tom Roes Point Terminal". The 4,970 tonnes vessel arrived from Vyborg, Russia with a cargo of fertiliser.

Mr Fleming also referred to the largest gas tanker ever to visit its facility at the Flogas LPG terminal when the 1,720 dwt tonnes Thresher docked last October. The Dutch flagged Thresher had arrived loaded with a cargo from the Whitegate Refinery, Cork Harbour and is operated by Chemgas which operate one of the most modern gas carrier fleets in the world.

In addition to last year's performance, first quarter figures for 2011 were revealed with trading volumes reporting an increase of 18% based from the same quarter for last year. The rise was primarily driven by export volumes of existing and new commodities.

Published in Ports & Shipping

ESB’s 2040 strategy Driven to Make a Difference: Net Zero by 2040 sets out a clear roadmap for ESB to achieve net zero emissions by 2040. 

ESB will develop and connect renewable energy to decarbonise the electricity system by 2040. ESB will invest in the development of new renewable generation, including onshore and offshore wind and solar, and will significantly increase the amount of renewable generation connected to our electricity networks.

ESB will:

  • Deliver more than a fivefold increase in our renewable generation portfolio to 5,000MW.
  • Reduce carbon intensity of generation fleet from 414 to 140gCO2/kWh by 2030.
  • Decarbonise 63% of our generation output by 2030 and 100% by 2040 (up from c20% now).

Offshore wind

ESB know the importance of offshore wind in tackling climate change and delivering net zero. Ireland has a unique capability given its prime location to take advantage of the potential of offshore wind. ESB are working hard to develop offshore wind projects for the benefit of everyone across society in Ireland and the UK. This includes ongoing engagement with marine users and local communities so ESB can deliver these significant projects.

Offshore wind will play a major role globally in our fight against climate change. It will help to replace energy generated by burning fossil fuels with that from a clean, safe and secure renewable energy source. Ireland’s geographic location on the exposed edge of the Atlantic presents us with a significant opportunity to generate electricity from wind – both offshore and onshore.

Power from onshore wind farms currently provide over one-third of Ireland’s electricity needs. But, whilst its marine area is many times the size of its landmass, Ireland’s offshore wind potential is only starting to be realised. ESB have a coastline stretching over 3,000km but only one operational offshore wind farm – Arklow Bank, with a capacity of 25 MW. In contrast, Belgium’s coastline is only 63km long, but it has already developed more than 2,000 MW of offshore wind. In Great Britain, with a coastline four times the length of ours, offshore wind generation now equates to over 440 Arklow Banks, with an installed capacity of 11,0000 MW as of late 2021.

The Irish Government's target to install 5,000 MW of offshore wind capacity in our maritime area by 2030 is set out in the Climate Action Plan 2021. It also has the objective to source 80% of Ireland’s electricity needs from renewables by the same year. In line with this, ESB is applying its professional and proven engineering expertise to the challenges set within the Climate Action Plan.

ESB are committed to playing a strong role in developing Ireland’s offshore wind potential for the benefit of the people of Ireland. This will be done in consultation with marine users and local communities, and with due care for the marine environment.