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Minister for the Environment, Climate and Communications, Eamon Ryan TD, at Moneypoint -7729.jpg

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Minister for the Environment, Climate and Communications, Eamon Ryan TD, welcomed ESB’s investment in a new €50 million synchronous compensator at Moneypoint Generating Station, Co Clare, alongside (pictured left to right) Nick O’Mahony, Managing Director of Siemens Energy Ltd., Mark Scully, ESB Engineering & Major Projects Manager, Jim Dollard, Executive Director, ESB Generation and Trading, Paddy Hayes, ESB Chief Executive, Terence O'Rourke, ESB Chairperson, Matt Collins, Assistant Secretary (Energy) at the Department of Environment, Climate and Communications, Katie Wall, Electrical Team Lead ESB Moneypoint, and Rodney Doyle, Chief Operations Officer at EirGrid.

The synchronous compensator is Phase One of ESB’s Green Atlantic @ Moneypoint project. The cost-effective and zero carbon solution will strengthen the stability and resilience of the Irish grid and support ever-more renewables coming on stream in line with ESB’s Driven to Make a Difference: Net Zero by 2040 strategy.

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Natasha Barton
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Minister for the Environment, Climate and Communications, Eamon Ryan TD, welcomed ESB’s investment in a new €50 million synchronous compensator at Moneypoint Generating Station, Co Clare, alongside (pictured left to right) Nick O’Mahony, Managing Director of Siemens Energy Ltd., Mark Scully, ESB Engineering & Major Projects Manager, Jim Dollard, Executive Director, ESB Generation and Trading, Paddy Hayes, ESB Chief Executive, Terence O'Rourke, ESB Chairperson, Matt Collins, Assistant Secretary (Energy) at the Department of Environment, Climate and Communications, Katie Wall, Electrical Team Lead ESB Moneypoint, and Rodney Doyle, Chief Operations Officer at EirGrid.<br /> <br /> The synchronous compensator is Phase One of ESB’s Green Atlantic @ Moneypoint project. The cost-effective and zero carbon solution will strengthen the stability and resilience of the Irish grid and support ever-more renewables coming on stream in line with ESB’s Driven to Make a Difference: Net Zero by 2040 strategy.