Update: PIN for Irish heating pathfinder

An Irish local authority is seeking industry views on the financing of a pathfinder district heating scheme.

Dublin City Council (DCC) is leading the Dublin District Heating System (DDHS) project which aims to capture waste heat from industrial facilities on the Poolbeg peninsula, and pipe it into homes and businesses in the Poolbeg, Ringsend and Docklands areas of Dublin city. 

Primarily, heat will be generated from the conversion of non-recyclable waste at the Dublin Waste to Energy (DWtE) facility into a heat source. The DWtE facility has the potential to generate heat for approximately 50,000 homes in the Dublin area, which is equivalent to 90MW of heat.

 As part of the implementation of the National Development Plan, the Irish government launched a new €500m Climate Action Fund (CAF) specifically aimed at initiatives that contribute to the achievement of Ireland’s climate and energy targets. DCC has submitted an application for grant funding for the DDHS under CAF and a decision is expected in early 2019. 

Through the prior information notice (PIN), DCC would like to understand the market’s appetite for the proposed DDHS risks and the likely return that would be required by private investors or participants to invest or participate in the scheme. 

This is for the initial network but also the future expansion of the network.

Completed questionnaires are due by 11 December.

DCC has confirmed to Partnerships Bulletin it is expected that specialist legal advice will be procured. The council will keep under review the requirement to appoint an external legal advisor as the project progresses and the DCC’s procurement strategy develops.

The National Development Finance Agency is providing financial support, commercial support, and advice to the project.

As previously reported, Ramboll is advising DCC on technical matters.

The Financing Irish Infrastructure 2018 conference takes place on 21 November in Dublin. For more information, click here.