Moneypoint Floating Offshore Wind Farm is a 1,400MW offshore wind power project. It is planned in North Atlantic Ocean, Clare, Ireland. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in multiple phases. The project construction is likely to commence in 2026 and is expected to enter into commercial operation in 2030. Buy the profile here.
Smarter leaders trust GlobalData
Description
The project is being developed by Electricity Supply Board and Equinor. The project is currently owned by Electricity Supply Board with a stake of 100%.
The project is expected to supply enough clean energy to power 1,500,000 households. The turbines will be mounted on floating type foundations.
Development status
The project construction is expected to commence from 2026. Subsequent to that it will enter into commercial operation by 2030.
For more details on Moneypoint Floating Offshore Wind Farm, buy the profile here.
See Also:
About Electricity Supply Board
Electricity Supply Board (ESB) owned by Irish Government, is a diversified and vertically integrated utility that generates, transmits, and distributes and supplies electricity and gas. The company builds, owns, and maintains transmission and distribution networks. It offers meter reading and new connection services. ESB provides engineering, operations and maintenance, and consultancy services; finances, builds and maintains transmission system; and owns and maintains electricity transmission and distribution networks in Northern Ireland. The company also offers technologies and business model development support; operates public charging infrastructure; and services in electro-mobility sectors. It operates across Ireland, the UK and other countries. ESB is headquartered in Dublin, Ireland.
About Equinor
Equinor ASA (Equinor), formerly Statoil ASA, is an energy company. It explores for, develops, and produces hydrocarbons. It operates refineries, processing plants, storage and terminals, and has interests in various oil and gas pipelines. The company markets, trades, and transports crude oil, condensate, natural gas, natural gas liquids, and refined products. It also has presence in solar farm, offshore wind, carbon capture and storage and hydrogen projects with focus on renewable energy and low carbon solutions. Equinor has major operations on the Norwegian continental shelf. It has operations in Europe, North and South America, Africa and Asia-Pacific regions. Equinor is headquartered in Stavanger, Norway.
Premium Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
