IRELAND’S ENERGY PARK

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IRELANDS ENERGY PARK

CORKS OPPORTUNITY
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Ireland Energy Story

• Ireland is becoming a leader in renewable energy
• Wind, wave, tidal and liquid biofuels potential
• Electric vehicles, smart grid systems, smart
  economy
• Cork has vibrant energy research capability
• Oil and Gas will continue to have dominant role
  for at least 20 years
• Primary energy input from Oil 60 now and
  through 2020
• An enabler in the transition to a low carbon
  economy
• Energy Company Concentration BGE,
  ConocoPhillips, Kinsale Energy all
  headquartered in Cork

Concept Cork As National Energy Hub
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Cork Harbour Area Today

• Whitegate Oil Refinery.
• Ship and road supply of refined oil products (1/3
  national demand).
• Renewable diesel production
• Biofuels blending to petrol and diesel
• Power Generation.
• BGE Whitegate New CCGT 445 MW
• ESB Aghada Existing and New CCGT 948 MW
• Removal of Seveso Site hurdles for Cork Docklands
  Development.
• Traffic relief for Cork City
• Last Oil Terminal relocated to Whitegate during
  2010
• Potential for same with LPG

25 of Irelands energy manufacture and supply
from Cork
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Cork Area 2020 Irelands Energy Park

• Delivering National Energy Policy
• Oil and Renewable Fuel Refining Complex
• Fossil fuels
• 2nd generation biofuels
• Hydrogen
• Fuel pipeline to eastern seaboard
• Refuelled and decarbonised electricity
  generation
• Gasification Residue, petroleum coke, biomass or
  coal
• Carbon Capture and Storage (CCS) to Kinsale Field
• Offshore floating LNG storage and onshore
  regasification at Whitegate
• Integrated decarbonised energy production

Economy of scale means one such centre for Ireland