💾 Archived View for eir.mooo.com › nuacht › lui17071308133.gmi captured on 2024-02-05 at 09:33:13. Gemini links have been rewritten to link to archived content
-=-=-=-=-=-=-
Nick Rabbitts, 5 Feb
A NEW agreement looks set to see a supply chain corridor created
between Foynes and the Dutch port of Rotterdam.
Bosses at the Shannon Foynes Port have signed the deal with the largest
European port, located in the Netherlands.
It comes with a view to developing a link between the two to bring
green fuels to Europe produced from the west of Ireland’s wind
resource.
The agreement will focus on market and trade development for green
hygiene and the items which come from it.
These will be provided at the planned green energy hub on the Shannon
Estuary.
Europe’s overall green hydrogen strategy is to import 10m tonnes of
renewable hydrogen by 2030 for use in heavy industry and transport
sectors that are traditionally reliant on coal, natural gas, and oil.
The Port of Rotterdam intends to facilitate volumes of 40 million
tonnes from across the world by 2050, a significant proportion of which
can come from the Shannon Estuary.
The deal also provides for engaging relevant public stakeholders to
support the initiative and sharing of information regarding the
potential supply of green hydrogen and green hydrogen derivatives, such
as green ammonia, green methanol, etc, as well as sharing best practice
information on areas such as desalination, high voltage electricity,
industrial clustering around the H2 molecule and green ship bunkering
processes.
[Dunnes_Stores_Sarsfield_Street-1706737863502.jpg--new_valuation_report
_finds_university_of_limerick_paid__1_5m_over_market_value_for_former_s
upermarket.jpg?1706737871906]
New valuation report finds University of Limerick paid €1.5m over
market value for former supermarket
The two ports will also potentially work together on market development
in this new market and jointly finding final off-takers for supplies
from Ireland.
These would include maritime fuels sector, sustainable aviation fuels,
green fertiliser and facilities with direct green hydrogen fuel
requirements such as the steel industry.
Pat Keating, chief executive of Shannon Foynes Port Company said: “With
the largest wind resource in Europe off our west coast, we have the
opportunity to become Europe’s leading renewable energy generation hub.
"That will deliver transformational change for Ireland in terms of
energy independence and an unprecedented economic gain in the process.
"In delivering on this, too, we can make our biggest ever contribution
to the European project as we become a very significant contributor to
REPowerEU, Europe’s plan to end reliance on fossil fuels.”