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Straight from the horses mouth - at least I think it was that end :)
https://www.rte.ie/news/ireland/2022/0524/1300817-eirgrid/
Unfortunately the countries that come out of the cost of living crisis first, will be the ones that help their economies to grow out of it. At the moment that's not looking likely to be Ireland. A lot has changed sine July 2020, but the greens appear to be stood still!
The economic impact has already started. Those 30 centre providers, who were having discussions, will now go to other countries. Even Mag Mell and the promise of new power stations won't come quick enough. Mr Ryan has left it too late.
https://www.irishtimes.com/business/financial-services/eirgrid-halts-talks-with-potential-data-centres-over-electricity-curbs-1.4886383
This paragraph taken from the Irish Academy of Engineering which I posted a while back says it all.
Page 11, para 4.2
A 2016 CER assessment report13 noted that in the cold periods of January and December 2010 a combination of production and storage gas from Kinsale contributed to 16% of Ireland total demand. Without this source of gas, the Moffat entry point would have been strained and unable to deliver the gas required to meet demand.
http://iae.ie/wp-content/uploads/2018/08/IAE_Natural_Gas_Energy_Security.pdf
Ireland have a choice, source more gas in the near future or set the country back decades.
There is no other option at the moment.
AIMHO of course.
Gla.
Wacky.
Morning all,
Methodology retweeted this.
https://mobile.twitter.com/Fxhedgers/status/1527474863643820034
We shall see.
Gla.
Wacky.
Meanwhile https://twitter.com/OffshoreIreland/status/1527563629364756482?s=20&t=Tm69RuxD6OyKKwATc63_3g
"April's Gas Demand Statement from @GasNetIrl shows that at times during the month, #gas powered nearly 90% of the country’s #electricity, peaking at 89% and never dropping below 17%."
If there is no interconnecting pipeline to the countries concerned, the EU could not offer offtake gas from reciprocal storage to be established/built across EU members...thus EU could not demand Ireland 'builds' storage!
It is a DIS-benefit for Ireland as they cannot draw from other EU capacity...so the crunch beckons even clearer
Regards
GRH
Not sure why the EU has chosen to give Ireland this 'get out of jail' card. Maybe Cyprus or Malta don't physically have potential storage capacity but Ireland on the other hand has an abundance but is stubbornly refusing to develop it. They also rely a non EU member for the vast majority of their gas. The latter was viewed as a cardinal sin by the EU not so long ago- Reckon this kid glove treatment could be part of the grander game of diplomacy in regards to Brexit.
Hold the phone, I've not been keeping up on Port Meridian!
https://www.gem.wiki/Port_Meridian_FLNG_Terminal
Hmmm, why was it cancelled??
Wasn’t it something like 40% of their needs on bad weather days? That I would suggest would be a good start.
.... or they benefit from the FSRU solution off the coast of Cumbria via N.I.
Other options in play here. We are reaching the point of p155 or get off the pot rapidly though.
Mag Mell won't get them through this winter if it's a cold one.....!
Perhaps they are happy to go ahead with Mag Mell? They know it’s there and a solution, maybe they see it as their back up and will eventually concede?
Hi Tesla
Yes...I agree
Ireland clearly cannot 'benefit'from whatever the EU cobbles together...
so they have to come up with their own solution...
Time is not on their side
Mag Mell is
Regards
GRH
Morning GRH,
Not sure which way Ireland is going to go TBH. One of the qualifications for the exemption is that you cannot be directly connected to another states storage solution. Of course the UK is no longer another state. Still watching, but if they meet their consultation timeline, we should know the strategy by the end of Q3. I think we agree, the stakes are very high in deed for Ireland.
ATB PT.
Hi Tesla
I had heard of this idea recently...
I think I might have tweeted about it
but...I had read it differently to you ...
I had thought it was a derogation against ...having to join/pay for/benefit from ...
the compulsory gas sharing regime across other EU 'states' (formerly known as Countries!!!!)
The old legal adage of 'with the benefit goes the liability' clearly applies
as Ireland simply does not have the connectivity to join that 'plan' (plan?...give me strength!!)
So Ireland has a big...problem
Even if there is some teaming and lading to be done in so called EU, they cannot take advantage of it.
Winter is still Winter
The populace still gets very cold...
Hypothermia beckons for the old and the impoverished
Clearly, this is an extremely serious societal danger... and I am putting it mildly
The old adage that ' society is only two meals away from anarchy ' still holds true
Data centres (I wrote extensively about such ages ago) still need massive juice and ...
HEADROOM/RESILIENCE!
or they will clear off and the tax take will plummet
What Minister Ryan is thinking, I have no idea
But I do hope the politicians see sense...not merely for my own sake ...but much wider
The Irish dream hangs by a thread...IMO
Regards
GRH