What it said in the papers...
ESB Strategic Framework to 2020
Energy minister Eamon Ryan
said in adopting renewable
technology, the company would
gain new expertise that should
ensure ESB's continuing success
in international markets.
The Sunday Business Post,
30/03/08
ESB is to build power plants in
Britain with a capacity of 3,000
megawatts – half the size of the
total Irish market – as part of a
€4 billion expansion of its
international portfolio.
The Sunday Business Post, 30/03/08
ESB's landmark €22 billion
investment programme aims to
halve its carbon emissions in 12
years, putting the company on
track to be a European market
leader in the sector.
The Sunday Business Post,
30/03/08
Energy minister Eamon Ryan
welcomed the move to become a
"green utility".
Irish Independent, 28/03/08
The ESB has seized an
opportunity to embrace the new EU targets on carbon
emissions, diversify its
domestic portfolio, expand its
overseas interests and exploit a
growing market in carbon
credits trading.
The Sunday Business Post,
30/03/08
The company has agreed to
maintain a market share of
power generation here at below
40 per cent to boost
competition.
The Sunday Business Post,
30/03/08
By 2020, the company will halve
its carbon emissions as more
clean energy is connected to the
electricity grid and older power
stations are closed.
Irish Examiner, 28/03/08
Simon Coveney said that the
minister had played a role in
changing the mindset, but that
the ESB had shown leadership
in pursuing an economic
strategy that makes business
sense and benefits the
environment.
The Sunday Business Post, 30/03/08
Mr McManus was detailing what
he described as an
"unprecedented" and
"transformational new era" for
the ESB.
Irish Independent, 28/03/08
The ESB's new strategy, which
will cost €22 billion over a 15-
year time span, looks like the
State electricity supplier plans
to move very quickly indeed.
The Irish Times Business This
Week, 28/03/08
Its expansion is not geared at selling power into the Irish market. McManus sees Britain as a natural starting point. The Irish Times Business This Week, 28/03/08
The company will invest €11
billion in its networks to
protect security of supply and
facilitate the development of
renewables including smart
metering.
The Sunday Business Post,
30/03/08
