ESB Outlines Vision for Ireland's Energy Transition to Net Zero by 2050
ESB has unveiled its strategy to transition Ireland's energy system to net zero by 2050, focusing on clean, domestic electricity generation and the electrification of transport, heating, and industry. With a projected publication in 2026, the plan aims to meet over 70% of energy needs through electricity, supported by a €13.6 billion investment in grid capacity and significant renewable energy projects, including over 10GW of new capacity. ESB also highlights the importance of consumer engagement and innovation to address affordability and enhance system resilience.
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ESB aims to transform Ireland's energy system to focus on clean, home-grown electricity by 2050. The strategy includes decarbonizing electricity generation and promoting electrification across transport, heating, and industry.
A publication set for early 2026 will detail this vision, supported by MaREI research, indicating that over 70% of energy needs could be met by electricity by 2050. ESB reports a 19% reduction in carbon intensity since 2021 and a 40% increase in renewables and storage capacity from 1.3GW to 1.8GW.
Future projects include over 10GW of renewable energy and significant investments in solar farms. To enhance system resilience, ESB plans to invest €13.6 billion in grid capacity and aims to leverage green hydrogen for stability. The company is also focusing on making the energy transition appealing to consumers, addressing affordability challenges, and emphasizing the role of innovation in advancing energy solutions.
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