Energy company confident of hitting 96% renewables target by 2030
Bord na Mona has claimed 96% of the power it generates by 2030 will be from renewables.
The energy company has already committed to ending the industrial scale stripping of peat bogs by that time and it plans to double its green electricity over the next decade and a half.
Chief executive Mike Quinn said: “If you went back 10 years, just 2% of the electricity Bord na Mona produced was generated from renewables.
“Today we are at 48%. Given our pipeline of wind, biomass and other renewable energy projects, by 2020 we know it will be 70% and by 2030 it will be 96%, making us the number one producer of renewable energy on the island of Ireland.”
Bord na Mona’s annual report showed turnover of 432.8 million euro last year and an operating profit of 51 million euro.
Among the changes over the next 15 years will be the phasing out of the much loved and staple winter warmer the peat briquette.
Bord na Mona has a vast land bank of about 80,000 hectares in Kildare, Offaly, Westmeath, Longford and Roscommon. It plans to use it for wind and solar power, willow plantations and other biomass.