Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Amazing news today that the Danish Authorities have ordered Orsted ( the bastion of wind energy in Denmark) to fire up 3 of it's existing O&G power Stations including one coal plant to start producing electricity. I wonder where they will get their oil from? - Total perhaps after having sold Maersk to them the French could charge them a premium! Also I wonder what the 13 Green MP's in the Danish parliament are thinking now.? Looks like Ireland needs a rethink on energy policy and quickly!
Was it Putin?
https://twitter.com/PlanetPonzi/status/1574769446203392001
"These freak stray anchor accidents or possible sharknado bites, could never ever, ever happen on the Norway to GB or GB to Ireland subsea gas pipelines" according to the all-knowing & 7.1 % of the popular vote gathering, Eamon Ryan, Minister of Blocking Everything the Country Needs & Primary Sponsor of All that we Don't Want.
Just trust me !!!!!!
Nord Stream 1 & 2 pipelines sabotaged.
https://www.bbc.co.uk/news/world-europe-63044747
Has Putin gone mad?
'One source said Shell was focusing its efforts on countries with more accommodating legislative frameworks'
This is a damming indictment of Ryan's department!
More criticism will be heading his way, as Ireland’s energy transition is very evidently shambolic and in complete disarray, this will send shockwaves through the energy sector, industry, international investment and beyond, as Shell are now diverting their investment towards the UK,..GL S
Exclusive: Shell withdraws from major Irish offshore wind projects
Shell, the multinational energy giant, is pulling out of the Irish renewables sector in a potentially significant blow to the country’s climate ambitions, the Business Post can reveal.
The move represents a u-turn by the company, which just last November agreed a deal to acquire a 51 per cent share in the Western Star Floating wind project off the coast of Clare from Simply Blue Group, a Cork-based energy company.
Shell’s withdrawal from the Irish renewables sector represents a potentially significant blow to Ireland’s target of achieving an 80 per cent cut in energy emissions.
Equinor, the Norwegian energy giant, confirmed last year that it was exiting the Irish market, citing frustrations with the regulatory and planning process here.
One source said Shell was focusing its efforts on countries with more accommodating legislative frameworks.
https://www.businesspost.ie/news/exclusive-shell-withdraws-from-major-irish-offshore-wind-projects/
In 2205 we'll all be dust. hehe..
Opposition to the windfarm off the south Dublin coast involves a lot of wealthy folk with fine houses and magnificent seaviews.Seems very similar to the opposition to our gas drilling rig on the Kish bank.In the thick of it is Boyd Barrett , our 'keep it in the ground' friend.Does this guy agree with anything?
https://irishtoday.news/the-campaign-against-a-wind-farm-off-dublins-south-coast-is-a-classic-irish-protest-movement-2-4766.html
Today's Irish Times:
"Ryan also needs to rethink urgently his opposition to the use of natural gas as an alternative to wind. In the short term gas will be vital to get the country through the fallout from the Russian invasion of Ukraine, and even in the longer term, when Ireland can fulfil 100 per cent of its needs from wind, gas will also be necessary as a standby source of energy on days when the wind doesn’t blow.
Last week we even had the absurd position where Ireland declined to join other EU countries in seeking to source temporary floating liquefied natural gas (LNG) terminals as part of an effort to diversify fuel supplies amid the ongoing energy crisis because of Green Party opposition.
Ryan and his colleagues will have some explaining to do if the lights go out in the winter ahead."
Thing is, though, "in the long term" Ryan will be dust. Do you think the Greens will get a look in if we get to 2205 and the next election? Not a chance. He will be for the birds.
Anything Ryan imports is green because he covers his eyes runs away and doesn’t look at or discuss anything inconveniently contradicting his childish ideology.
Ban on fracking lifted in the UK.
Will this mean Ryan will now refuse to import gas from Britain since it could have been "fracked"?
https://www.mailplus.co.uk/news/224829/opposing-fracking-is-for-luddites-says-rees-mogg-as-he-lifts-ban?collection=13130&&contentLayout=5pm%20Update
More from Mattie McGrath..
“I thank iar-Seanadóir Brian Ó Domhnaill, my daughter Mairéad and iar-Seanadóir John Hanafin for their help in putting the motion together. I make no apologies for the motion we have brought forward today. We will take no criticism from the Minister of State or the absent Minister who was here at the start. Why is it that he has fled like snow off a ditch when questions were being asked, especially by the rural groups, the Regional Group, ourselves and Deputy McNamara who had to return to the health committee? The Minister, Deputy Eamon Ryan has to answer. He made one statement - and we will check the record - that a final decision will issue on Barryroe and the application in the coming weeks. We will hold him to that because he has dithered.”
Thanks Swizz, helpful post and information. It is not being widely reported in the mainstream media, but the transcript makes it clear there are elected representatives in the Dáil literally fighting for the Barryroe licence. We cannot say nothing is being done for this.
This is the transcript of Ryan’s response to Michael McGrath and I think with the current backdrop of the energy security review and energy crisis, I sense he will be more inclined to approve, which to some degree kicks the can down the road, as there are a number of other regulatory stages that he will be mindful of, a refusal would instigate immediate litigation and in light of the overwhelming evidence to support the Providence claim, this is not something that Ryan would want at this stage,…GL S
Deputy Mattie McGrath
How long is it going to take?
Deputy Eamon Ryan
These are environmental, technical and financial. The countermotion also notes that broader energy policy or energy security considerations have no bearing on the regulatory process. To answer Deputy McGrath's question, I expect it shortly, within the coming weeks.
Full transcript,..
https://www.oireachtas.ie/en/debates/debate/dail/2022-09-21/8/
What does Ryan mean by a "final decision"?
The only decision Ryan can make is to allow the permission to develop Barryroe.
If he made any other decision, for example, to block it, Providence would sue the government under the "money order" or under the Rockhopper decision over Italy and even if Ryan continues to block Barryroe I suspect, given the name change, that Curran is lining up a court case in the event of a further delay.
"Providence v. The Irish Government" does not sound as good as "Barryroe Offshore Energy plc v The Irish Government" which would focus people's attention on the Barryroe opportunity and put the skids under Ryan.
This could have been written for Ryan:
“When you shame oil and gas investors, dismantle oil and coal-fired power plants, fail to diversify energy supplies (especially gas), oppose LNG receiving terminals, and reject nuclear power, your transition plan had better be right.” - #Aramco CEO Amin Nasser
@cnbc
Cheers !!!
Thanks to Swizz for posting this YouTube video on the other board. Mattie McGrath rural independent TD mentioned today in the Dail that Eamon Ryan said today during the debate on energy that a final decision will be made on Barryroe in the coming weeks.
https://youtu.be/X5oddUu_-mQ
“The solutions to the cost-of-living crisis will help us on climate - and vice versa. So says Ryan at a wind energy conference,straight jacket thinking that will NEVER work!
Three items in the following RTE news link regarding Ireland's energy security with each of which can be listened to by clicking on them can be found at:
https://www.rte.ie/news/2022/0919/1324129-energy-security-review/
I suggest the third one under the heading "What should gov. be doing to protect Ireland's energy supplies?" puts paid to Ryan's madcap ideas, including the storage in Kinsale (perhaps) is the most relevant.
Nice legal sound to it....
I suppose they have not much else to do at present but come up with new names - at this stage they should just rename it the "Hail Mary Oil Company"!
It will be pretty hard to avoid the Barryroe name now that the company is changing its name to " Barryroe Offshore Energy plc".
Will it stick in his craw every time Ryan has to say it?
Furthermore, what will happen to EXOLA since it is the legal owner of the 80% shares in Barryroe?
Interesting that the name change was announced on the same day as the CEPA report was issued. Any method in that madness or was it a good move?
SO BE, Alan Curran needs a counter plan to wave in front of Ryan's face . Pipedream after pipedream with this Green lot and our expense.
Does he really think farmers are going to back him with biodigestors for 15% of gas needs ?-We are so different from the Danish model.
An interconnector from Frances 70% nuclear network - exporting our carbon footprint while it was the Greens that pushed Germans away from their 22 nuclear reactors to dependence on Russian gas.
Then we have the high cost of making new networks hydrogen proof because existing metals and plastics are embrittled by that gas.
Tax and spend Eamon away with your uncompromising zealots while LNG is there for the asking .The other castrato coalition parties are now seen for what they are!
Perhaps the request for consultation might get PVR management off their rear ends and make a strong case for the renewal of the license.
I know we can expect the Half Year Results by the end of September as it was last year but perhaps they an use that to tell us then or before then what they are going to do or will it be more "wait and see"