Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Not a mention of Providence/Barryroe energy & gas options in either documents. Nor Inishkea.
Only near mention is Kinsale for storage, on page 20 of the Non Technical Summary.
Based on the characteristics of the Southwest
Kinsale Reservoir, which operated as a seasonal
gas storage facility between 2006 and 2017.
• We assume that a strategic facility would only
operate during periods in which there is a material
risk of demand disruptions
Whilst the licences weren’t specifically named, indigenous resources and existing licenses were and to anyone with an ounce of common sense, this report underlines in triplicate the importance of getting the existing licences through there relevant stages, so they can contribute in a material way, as the gas demand is very evidently high for 2 to 3 decades,..GL S
“There are currently several existing offshore exploration licences, but exploration activity has generally been low. While delivery of gas from existing exploration licenses is possible, this has not been included in our modelling as it remains uncertain and is unlikely to be of a significant magnitude relative to Irish gas demand requirements.“
More crazy, no sign offs so no new gas.
Deep Corrib & Inishkea are only 12-24 months away, if signed.
Page 84 of Supply Technical Report.
Additional gas reserves from existing exploration licenses
• Possible, but unlikely, by 2025 • Possible by 2030
Shortlisted - NO
Additional domestic production of natural gas above forecasted demand could result in Ireland being
locked into a high-gas energy market.
Unknown volume of any potential additional natural gas discoveries.
Swiss, I am just an amateur punter here & yes, if many of us here had an "ounce of sense", we could all have saved a lot of money. Anyhow, in the 1 hr that I have access to this document, I have not seen where the "existing licenses" are being promoted.
Again from Page 141/142, Additional gas reserves from existing exploration licences - Short Listed - NO
Your reference from Page 23 doesn't make me want to pop the champagne.
Can you point me to the better info?
DonalB
Db, existing licenses are not being “promoted” but they are mentioned on a few occasions, although as you have pointed out and as I detailed in my brief snippet, they were not used in the CEPA modelling, due to their lack of information and what they considered there uncertainty, but that does not discount them from being a material contribution, Ryan needs to face into the reality of the precarious situation Ireland are in and get the LU granted and then it is over to Providence and Lansdowne to demonstrate what contribution Barryroe can make to the very evident gas and oil demand, …GL S
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"
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!