Displaying items by tag: Global Hub

8th December 2020

Shannon Estuary Has Potential to Become Global Hub for Floating Offshore Wind Generation

Pat Keating, CEO of Shannon Foynes Port and Paul Doherty, MD Gavin & Doherty Geosolutions’ pictured at Foynes Port |

The Shannon Estuary has the potential to become a global hub for floating offshore wind according to a major new study.

If such a project were to be progressed, writes the Limerick Leader, it could attract up to 12 billion in investment and lead to the creation of up to 30,000 jobs over the next 20 years.

The Offshore Wind Potential Study (download)- commissioned by Shannon Foynes Port Company - by specialist geotechnical engineering consultancy Gavin & Doherty Geosolutions identifies the potential, through capitalising on the unique wind resource and deep-water port in Foynes to turn the State into an exporter of energy and generate unprecedented job creation in the process.

It finds that Shannon Foynes is best placed to service the future offshore floating wind market due to the proximity to resource and market; availability of the deepest watercourse in Ireland and one of the deepest and most sheltered estuaries in the world; extensive future landbank availability; and the existence of Shannon Foynes Port Company as a statutory authority with National Tier 1 port status.

The fact that the port also has European Commission, Trans European Transport Network core corridor status on North/South and East/West corridors and the existing 1.6 GW connectivity to our own national grid were also key findings of the report.

For further reading click the newpaper here.

Published in Power From the Sea

Tagged under

Shannon Foynes Port Information

Shannon Foynes Port (SFPC) are investing in an unprecedented expansion at its general cargo terminal, Foynes, adding over two-thirds the size of its existing area. In the latest phase of a €64 million investment programme, SFPC is investing over €20 million in enabling works alone to convert 83 acres on the east side of the existing port into a landbank for marine-related industry, port-centric logistics and associated infrastructure. The project, which will be developed on a phased basis over the next five years, will require the biggest infrastructure works programme ever undertaken at the port, with the entire 83 acre landbank having to be raised by 4.4 metres. The programme will also require the provision of new internal roads and multiple bridge access as well as roundabout access.