Dublin: Electricity demand in Ireland is set to increase by two-thirds by 2050, with power generation expected to double, according to Pinergy and Wood Mackenzie.
A 16% increase in generation is forecast by 2030, but current efforts are lagging behind national energy goals. Urgent action and investment are needed.
Pinergy supports the €3.5bn National Development Plan investment to strengthen electricity infrastructure.
Data centres, EVs, and heat pumps will fuel demand growth. Data centres alone may consume 8.6TWh by 2030.
Renewables are expected to supply 80% of electricity by 2030 and 93% by 2050, with wind making up the majority.
Ireland could become a net exporter by 2030 if offshore wind and interconnector projects proceed on time, though it’s set to fall 4GW short of offshore wind targets.
EV uptake is 35% below target, and heat pumps lag by 68%, with 461,000 units needed.
Ireland ranks 20th in renewable electricity but could rise to 11th by 2030. Delays may cost higher rankings. The next decade is critical to meeting transition goals.
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