Displaying items by tag: private investment

2nd March 2012

NI's Exploris Aquarium and Seal Sanctuary Could Be Privatised

#COASTAL NOTES - Northern Ireland's only aquarium could be privatised, according to the News Letter.

Ards Borough Council is reportedly considering its options for the future of Exploris, the aquarium and seal sanctuary in Portaferry that celebrates its 25th anniversary this year.

Plans were made four years ago to transfer ownership to English aquarium group Blue Reef Leisure, but the deal fell through when that firm was aquired by Spain's Aspro.

Now the council has announced it is calling for proposals for private investment in the Exploris facility - which costs around £500,000 (€600,000) a year to run - following "renewed interest from the public sector".

The move aims to "establish a clear direction for the future of Exploris", which houses one of Northern Ireland's top 10 visitor attractions in its popular seal sanctuary.

The News Letter has more on the story HERE.

Published in Coastal Notes

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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.