Moneypoint: Reflecting on 40 Years of Energy Transformation
As this month marks the 40th anniversary of the commissioning of Moneypoint Power Station in County Clare, Ireland, the Electricity Supply Board (ESB) reflects on its pivotal role in Ireland’s energy landscape and its ongoing transformation towards a sustainable future.
A Milestone in Energy Security
Commissioned between 1985 and 1987, Moneypoint was Ireland’s largest electricity generation station, with an installed capacity of 915 MW. Built to mitigate the impact of the 1970s oil crises, it provided a stable and domestic energy source, reducing Ireland’s dependence on imported oil and gas. For decades, Moneypoint met approximately 25% of the nation’s electricity demand, playing a crucial role in ensuring energy security.
Transition to Sustainability
In June 2025, Moneypoint ceased coal-fired generation, marking a significant milestone in Ireland’s journey towards a fossil-free power system. The transition was made possible by advancements in renewable energy, particularly wind power, which accounted for 37% of Ireland’s electricity generation in 2024.
Post-coal, Moneypoint operates as a backup oil-fired generator under emergency instructions from EirGrid until 2029. This limited role ensures that the station remains available to support the grid during periods of high demand or unforeseen outages.
Green Atlantic at Moneypoint
Looking ahead, ESB has embarked on the “Green Atlantic at Moneypoint” initiative, a multi-billion-euro program aimed at transforming the site into a renewable energy hub.
Plans include the development of a 1.4 GW floating offshore wind farm, onshore hydrogen production facilities, and a center for the construction and assembly of floating wind turbines.
The ambitious project aligns with ESB’s commitment to achieving net-zero emissions by 2040.
Community and Legacy
Throughout its operational history, Moneypoint has been integral to the local community in West Clare. ESB acknowledges the dedication of its workforce and the support of the surrounding communities in maintaining the station’s operations.
To mark the 40th anniversary, ESB will host a Community Open Day at Kilrush Shamrocks GAA Club on Saturday 20th September.
Members of the public are invited to attend this free event, which will include tours, interactive exhibits, and family-friendly activities. Registration is required via Eventbrite.
