IRELAND STATOIL
April 1st, 2002
BY KEITH NUTHALLIRELAND'S dominant power supplier ESB and its Norwegian partner Statoil have agreed to sell 600MW of electricity on the open market, as the price of securing competition approval for their joint venture, setting up the Synergen gas-fuelled electricity plant in Dublin.Under the deal negotiated with the European Commission, the ESB is to release 400 MW and Synergen 200MW annually, until additional sources of 400 MW become available, of which 300MW must be produced by a single new plant.A subsidiary supplier, ESB Independent Energy Limited (ESBIE), ...
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