EirGrid has been warning of a narrowing gap in the Republic between electricity demand and supplies for the last 10 years. The State company believes that demand will grow strongly up to 2030 and ease over the following five years. EirGrid has been warning of a narrowing gap in the Republic between electricity demand and supplies for the last 10 years. Those new power plants will be in addition to existing capacity and new facilities already in planning or under construction. EirGrid says that future capacity auctions, the process used to attract investment in new power plants, should result in power companies building new electricity plants.

Source: The Irish Times February 26, 2026 15:16 UTC