Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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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
Obviously "Barryrow" a typo and should be "Barryroe".
What we need to do is to submit a message to the consultation email address saying "Renew the license agreement to allow Providence to develop Barryrow".
As it says: Submissions should be sent by email to energyconsultation@decc.gov.ie before 28th of October.
Since it will have to publish the submissions they will have to put the request in the report.
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
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.
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.“
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
CEPA, yet another inconvenient truth for our Eamon.
Energy report to be published later today.
I wonder how "independent" it will be or will it be more Ryan fudge?
https://www.midwestradio.ie/index.php/news/60966-report-on-ireland-s-energy-security-will-be-published-later
Ireland fails to apply for funding from EU
https://gript.ie/ireland-one-of-just-two-countries-that-failed-to-apply-for-european-funding-energy-initiative/
According to the report Ireland missed out on The biomethane section of REPowerEU which has a budget of €35bn. Ireland’s potential funding from that budget is estimated at €800m in capital funding, along with a further €1.3bn in future supports."
Are we so rich that we can miss out on such largesse or is it more of Ryan's head stuck up his rear end?
Report does not come cheap.
Here is a report on the costs Ryan had to give following a question .
"The Minister for the Environment, Climate and Communications, Eamon Ryan, has confirmed to Independent TD for Laois Offaly, Carol Nolan, that the report on the review of Ireland’s energy security will be published before the end of 2022."
So now the report has been escalated from the end of the year to tomorrow which is quite a leap. Was this because Ryan was under pressure to get it out?
So it seems it will now be published tomorrow but it has been a very expensive exercise as can be seen from the following.
https://gript.ie/cost-of-report-on-irelands-energy-security-has-reached-e170000/
I see he has a article in today's Irish Independent. As minister he gets to set the narrative which is the war in Ukraine has exposed the unreliably of fossil fuels and renewables are the way forward. Interesting to note that the was a meeting of European energy ministers in Dublin were they stated that they will try to build 85% of all of Europe's offshore wind capacity by 2030 and by 2050 they will have 100% offshore wind capacity by 2050. This full offshore wind capacity will provide 10% of Europe's energy needs! Where is the remaining 90% coming from? The Green Party speaks about a transition to renewables. That's not actually true. There is no transaction. There is a move to include renewable energy as part of the energy sector by 2050. Another minister would have written an article stating that nuclear and oil and gas will provide the big percentage of energy while also backing up the renewable energy sources
Energy security report to be published tomorrow, according to eamon ryan
Norway's hydroelectric is running low so could cut off gas supply to UK as it is needed domestically.
What happens to Ireland if that occurs? Another nail in Ryan's great plans?
https://www.express.co.uk/news/science/1669600/norway-first-panic-uk-energy-crisis-biggest-exporter-facing-pressure-cut-off-gas-protests
No straight line between A and B with this lot. Tax and spend amateurs in charge of our energy security! Just like promoting years away hydrogen , they'll come up with some pie in the sky idealised square to fit in a round hole! Wasters!
"But it seems Ireland thought it was going to get about €2billion from the levy on oil companies..."
Under the EU's marginal pricing scheme for electricity, the price paid to wind energy providers is the highest bid at any given time and is set by the price of gas. They're the ones that should be paying a windfall tax. Will we see Ryan scapegoat them as much as the fossil fuel companies?
Review next week according to Ryan's spokeswoman, not this week as "planned". Delayed probably due to disagreements between parties and Ryan.
"The Irish Times asked a spokeswoman for Minister for the Environment and Green Party leader Eamon Ryan if he would allow the use of LNG or FSRUs if recommended by the review. She said the energy review will be published next week and “it’s best to wait until then for further detail on the paper in the round and on the options that it may contain”.
Confusion reigns supreme.
https://www.irishtimes.com/politics/2022/09/15/government-left-with-jam-on-its-face-after-eu-over-promises-and-under-delivers/
"Not for the first time, the Government been left with jam on its face after the EU over promised and under-delivered. Over the past week, senior Irish politicians, including Eamon Ryan, were saying a windfall tax on energy companies in Europe, plus a price cap, would be worth €140 billion to the EU States, and possibly €2 billion to Ireland."
But it seems Ireland thought it was going to get about €2billion from the levy on oil companies but it now appears the windfall tax will only be paid where it is collected and where the oil and gas are produced.
Since Ireland does not produce any of its own, other than a dribble from Corrib which is tax free anyway, it will get dolly squat.
One in the eye for Ryan and the Irish Government, I am afraid - not.
As Swizz pointed out on the other board Sean Kelly spelling it out in black and white
https://twitter.com/SeanKellyMEP/status/1570015857987784704?t=5eEvVxX3WtbsHcsFsYmxrA&s=19
"The Cabinet is meeting this morning, with a packed agenda. Already we know some of what will be decided. Green Party leader and Minister for Environment, Climate and Communications Eamon Ryan will publish a consultation paper on energy security (including suggestions on the controversial topic of storing liquefied natural gas)."
Will Ryan get his way or will his disagreements with Varadkar on LNG for storage be decided on his terms or will he be put back in his box? Hopefully the box.
So is it today when we will hear his solution to Ireland's energy problems?
Not sure what Curran can do other than commence legal proceedings against the government. Ryan is being dragged kicking and screaming toward allowing limited gas storage under the government's tight control, but no LNG imports. The chances of him voluntarily signing off on licences for Inishkea or Barryroe are less than zero, as he is implacably opposed to them. He will just state that they are incompatible with Ireland's climate change targets (like he did for the LNG terminal).
I’ve heard that the new CEO is working very hard and has been very active. What I am hearing is that he is getting under the bonnet as it were as well as meeting with partner companies. The half year results are normally at the end of Q3 and it’s a fair expectation to believe that we will hear publicly from Mr Curran by the end of this month
Energy Security Report out by end of week ..E R just mentioned it at a press conference in Dublin ...