A compressed-air energy storage project in Larne, Northern Ireland, has been awarded additional €8.3m of funding from the European Union (EU), following a €6.5m injection in 2015. The project, which will be built by Irish firm AES Energy and funded with an EU grant, is expected to provide up to 1,000 megawatts (MW) of electricity for the island over its first 10 years. In July of 2015, the project received €6.5m in EU funding for design and front end engineering. The Larne project was one of nine that received recommendations for funding under the Connecting Europe Facility.
A compressed-air energy storage project in Larne, Northern Ireland, has been awarded additional €8.3m of funding from the European Union (EU), following a €6.5m injection in 2015. The project, which will be built by Irish firm AES Energy and funded with an EU grant, is expected to provide up to 1,000 megawatts (MW) of electricity for the island over its first 10 years. The Larne project was one of nine that received recommendations for funding under the Connecting Europe Facility.