EIB INVESTS IN IRELAND’S SMART NETWORKS
November 1st, 2011
BY PETER DA COSTA and KEITH NUTHALL
IRELAND's Electric Supply Board (ESB) has secured a Euro EUR235 million loan from the European Investment Bank (EIB) to improve the performance of national energy networks. Signed on November 17, the agreement is designed to enable Irish power lines to better transmit coastal wind energy to populated areas, to introduce smart metering and develop re-charging infrastructure for electric vehicles. The project will involve the construction of new power line systems, notably in the underserved west. The capacity of rural networks ...
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