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1/29/24, 2:03 PM Climate Action Plan 2024 Proposed by Irish Government - Lexology
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1/29/24, 2:03 PM Climate Action Plan 2024 Proposed by Irish Government - Lexology
Hydrogen ambition
The Government intends to address unallocated GHG emissions savings by increasing hydrogen ambition to
achieve hydrogen uptake in line with the ambition outlined in the National Hydrogen Strategy. This will be
primarily through scaling electrolyser capacity. The Government is also aiming to support green hydrogen
production through surplus generation from 2GW of offshore wind energy. This is to provide greater certainty for
investors and to create the production scales needed to enable greater infrastructure deployment.
Low carbon flexibility opportunities
To further address unallocated GHG emissions savings, the Government intends to build out low carbon
flexibility opportunities such as long duration energy storage. The deployment of carbon capture, utilisation, and
storage (CCUS) technology was not integrated in previous editions of the CAP. By incorporating CCUS into
CAP 2024, it is hoped to address a portion of unallocated savings in Ireland between 2026-2030 with regard to
electricity generation. It is expected that this technology will play a significant role in future decarbonisation of
the energy sector. To achieve this, the Government intends to incentivise and enable large energy users to
participate in flexible demand initiatives. This approach is designed to enable low / zero carbon demand growth,
and to create a route to market for medium and long duration storage facilities which can provide flexible
demand.
Community Benefit Fund
All new or repowered renewable electricity generation projects will be required to implement a Community
Benefit Fund equivalent to the RESS requirements of €2/MWh. The establishment of community benefit funds
for renewable energy projects is considered to improve public acceptance of projects at a local level. This is
fundamental to increasing the level of consents being granted for renewable energy projects.
Comment
Delivery and integration of onshore and offshore wind and solar PV continues to be recognised in the CAP as the
best-performing mitigation measure to deliver the required emissions abatement at scale and at speed to achieve
Ireland’s GHG emission reduction targets. This is because no other supply-side measure comes close to the
emissions abatement achieved by the early and rapid deployment of wind and solar capacity. It is estimated that
an eight-times increase of renewable energy deployment to 2.3GW annually is needed between 2024 and 2030,
together with the delivery of at least 2GW of new flexible gas-fired generation.
CAP 2024 seeks to achieve these targets by trying to build on measures in earlier editions of the CAP, such as the
expected enactment of the Planning and Development Bill 2023, aimed at streamlining the consenting process.
CAP 2024 will be subject to public consultation and environmental assessment before being finalised and
adopted by the Government. It is possible therefore that there will be further changes to the plan and to the
timeline for its adoption.
Mason Hayes & Curran LLP - Jay Sattin, Deirdre Nagle and Eoin Cassidy
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