ESB announced the end of coal-fired electricity generation at Moneypoint Power Station, bringing to a close over four decades of coal use at one of Ireland’s most iconic energy sites. The move comes earlier than initially planned and represents a key milestone in ESB’s Net Zero carbon emissions strategy.
The announcement was marked by a visit to the Co Clare site by Minister of State Timmy Dooley and ESB Chief Executive Paddy Hayes, highlighting the importance of this transition for Ireland’s energy future.
Moneypoint began its transition away from fossil fuels in 2017 with the construction of a 17MW onshore wind farm. In 2021, ESB launched Green Atlantic @ Moneypoint, a multi-billion-euro plan to convert the site into one of Ireland’s largest renewable energy hubs, leveraging its deep-water port and existing grid infrastructure. Phase one of the plan was completed in 2022 with a €50 million investment in Ireland’s first synchronous compensator, a zero-carbon system-critical technology.
Government & Industry Leaders Reflect
Minister for Climate, Energy and Environment, Darragh O’Brien TD, said, “The role that Moneypoint has played in providing Ireland with reliable electricity for over 40 years cannot be overstated. Today’s shift from coal to oil is a national milestone, helping drive Ireland’s clean energy transition while ensuring supply security.”
Minister of State Timmy Dooley TD added, “Ending coal generation at Moneypoint is a major step in Ireland’s energy transformation. The site’s future as a renewable hub is vital, and the communities of the Mid-West have made this moment possible.”
Paddy Hayes, Chief Executive of ESB, stated that, “The end of coal at Moneypoint marks a defining moment in ESB’s journey to net zero. While supporting energy security in the short term, we remain focused on transforming Moneypoint into a clean energy powerhouse for future generations.”
Moneypoint’s Next Chapter
While coal operations have ceased, Moneypoint will temporarily operate on oil under an agreement with EirGrid to ensure system reliability through March 2029, as directed by the Commission for Regulation of Utilities (CRU). These units will only run when necessary, helping to secure Ireland’s electricity supply with reduced carbon intensity compared to coal.
Cathal Marley, Chief Executive of EirGrid, commented, “Today marks the end of coal generation at Moneypoint and in Ireland. As we accelerate toward a renewable-led grid, maintaining system security is critical. Moneypoint remains an important asset during this transition.”
Originally built in the 1980s in response to the oil crisis, Moneypoint is now evolving to meet the challenges of the climate crisis. ESB reaffirms its long-term commitment to the Mid-West region and to Ireland’s climate targets through innovation, investment, and community partnership.
