96% of power from renewable energy by 2030 says Bord na Mona
BORD na Mona has claimed that 96 per cent of the power it generates by 2030 will be from renewables.
The energy company has already committed to ending the industrial scale stripping of peat bogs by that time and it plans to double its green electricity over the next decade and a half.
Chief executive Mike Quinn said: "If you went back 10 years, just 2 per cent of the electricity Bord na Mona produced was generated from renewables.
"Today we are at 48 per cent. Given our pipeline of wind, biomass and other renewable energy projects, by 2020 we know it will be 70 per cent and by 2030 it will be 96 per cent, making us the number one producer of renewable energy on the island of Ireland."
Bord na Mona's annual report showed turnover of €432.8 million (£362.3m) last year and an operating profit of €51m (£42.7m).
Among the changes over the next 15 years will be the phasing out of the much loved and staple winter warmer the peat briquette.
Bord na Mona has a vast land bank of about 80,000 hectares in Kildare, Offaly, Westmeath, Longford and Roscommon. It plans to use it for wind and solar power, willow plantations and other biomass.