Potential offtaker

Electricity Supply Board (ESB)

www.esbnetworks.ie

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Which other companies from Ireland are actively involved in decarbonization initiatives?
  • Keelings
  • Smurfit Kappa Group
  • Kingspan
  • Butlers Chocolates
  • Aon, plc
  • Kerry Group
  • Electricity Supply Board (ESB) is a state-owned electricity company based in Ireland. The company operates in the electric distribution sector and is responsible for the generation, transmission, and distribution of electricity across the country. ESB has been a key player in Ireland's energy industry for over 90 years and has played a significant role in the country's transition to a low-carbon economy.

    Decarbonisation is a key focus for ESB, and the company has set ambitious targets to reduce its carbon footprint. ESB is committed to reducing its carbon emissions by 50% by 2030 and achieving net-zero emissions by 2050. To achieve these targets, the company is investing heavily in renewable energy sources such as wind, solar, and hydro power.

    ESB has a strong track record in renewable energy, and the company is one of the largest generators of wind energy in Ireland. ESB's renewable energy portfolio includes over 1,000 MW of wind energy capacity, making it one of the largest wind energy providers in the country. The company also operates a number of hydroelectric power stations and has recently invested in solar energy projects.

    Corporate energy is another area of focus for ESB. The company provides a range of energy services to businesses, including energy efficiency solutions, energy management, and renewable energy solutions. ESB's corporate energy solutions are designed to help businesses reduce their energy consumption, lower their carbon footprint, and save money on their energy bills.

    ESB also offers corporate power purchase agreements (PPAs) to businesses that want to purchase renewable energy directly from the company. Corporate PPAs are a popular way for businesses to support the development of new renewable energy projects and reduce their carbon footprint. ESB's corporate PPAs are designed to be flexible and can be tailored to meet the specific needs of each business.

    ESB has a strong commitment to sustainability and has been recognized for its efforts in this area. The company has been awarded the Business Working Responsibly Mark, which is Ireland's only independently audited certification for corporate social responsibility and sustainability. ESB has also been recognized as a leader in sustainability by the Dow Jones Sustainability Index.

    In addition to its focus on renewable energy and sustainability, ESB is also committed to innovation and technology. The company has invested heavily in smart grid technology, which allows for more efficient and effective management of the electricity grid. ESB's smart grid solutions include advanced metering, demand response, and energy storage technologies.

    ESB is also involved in a number of research and development projects focused on new and emerging technologies. The company is a partner in the EU-funded Horizon 2020 program, which is focused on developing new technologies to support the transition to a low-carbon economy. ESB is also involved in a number of research projects focused on energy storage, electric vehicles, and smart cities.

    In conclusion, ESB is a leading player in Ireland's energy industry, with a strong focus on renewable energy, sustainability, and innovation. The company's commitment to decarbonisation, corporate energy, corporate PPAs, and renewable energy has made it a key player in the transition to a low-carbon economy. ESB's strong track record in renewable energy, commitment to sustainability, and focus on innovation make it a company to watch in the years ahead.

    ✓ Science Based Targets member
    ✓ Declared Net Zero commitment
    Unveiling the Potential: Decarbonization Methods for Distribution of electricity

    Which companies in the industry of Distribution of electricity have made significant pledges or efforts to address global warming?
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