€20m fund­ing for re­new­ables

Irish Independent - Business Week - - BUSINESSWEEK -

AN EirGrid-led con­sor­tium has se­cured €20m in fund­ing from the EU to carry out re­search into re­new­able-en­ergy de­vel­op­ment.

The EU-SysFlex project will re­ceive the fund­ing un­der Hori­zon 2020, the EU’s €80bn re­search and in­no­va­tion pro­gramme.

EirGrid is the over­all project co-or­di­na­tor, while French elec­tric­ity group EDF will act as tech­ni­cal co-or­di­na­tor.

Fintan Slye, chief ex­ec­u­tive of EirGrid, de­scribed the fund­ing as an en­dorse­ment of the com­pany’s ground-break­ing work in re­new­able en­ergy,

“Our engi­neers have been work­ing to meet the chal­lenges of op­er­at­ing the elec­tric­ity sys­tem while achiev­ing high re­new­able elec­tric­ity tar­gets. Run­ning the power sys­tem with the cur­rent high lev­els of re­new­able en­ergy is un­prece­dented and presents sig­nif­i­cant chal­lenges for its real-time op­er­a­tion,” Mr Slye said.

The project, which in­volves 34 or­gan­i­sa­tions from 15 coun­tries across Europe, has an over­all bud­get of €26m and will run for four years un­til 2021.

The aim of the EU-SysFlex project is to iden­tify is­sues as­so­ci­ated with in­te­grat­ing large amounts of re­new­able en­ergy, pro­vide prac­ti­cal as­sis­tance to power sys­tem op­er­a­tors across Europe and cre­ate a long-term roadmap to fa­cil­i­tate the large-scale in­te­gra­tion of re­new­able en­ergy.

In 2016, re­new­able en­ergy ac­counted for al­most a quar­ter of elec­tric­ity gen­er­a­tion across the is­land of Ire­land and this is ex­pected to rise to 40pc by 2020 to meet gov­ern­ment tar­gets.

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