Background:

Meridiam and Gyrogy, an Irish technology developer, have partnered to set a precedent for industrial transformation through the proposed redevelopment of an existing industrial site. The redevelopment aims to transition the site into a sustainably powered enterprise campus with a clear pathway to net zero emissions.

The site has a long industrial history with a highly carbon intensive form of industrial processes. This redevelopment offers a unique opportunity for a highly innovative grey-to-green transformation, marking the end of one of Ireland’s largest single sources of industrial emissions by ending its operations. The redevelopment will leverage the site’s existing infrastructure, its strategic location with excellent transport links to Dublin, and its designation as a regional growth centre to pioneer a sustainable, green industrial model.

The first phase of the redevelopment (referred to as ‘the Project’) will include the demolition of the existing industrial structures, site remediation, and the construction of a new Energy Centre and related infrastructure including battery energy storage systems, renewable energy sources, dispatchable generation and a Data Centre building.

The Project will use efficient and flexible energy solutions with the aim of reducing carbon emissions in real-time, facilitating the integration of higher levels of renewable energy on the electricity grid, and providing resilient and conditioned power to this new industrial installation. This approach is expected to significantly decarbonize operations on site. The Project is expected to have a significant positive impact on the site, reducing carbon emissions, enhancing energy efficiency, and integrating renewable energy sources, ultimately contributing to both local and regional environmental benefits.

Future phases envision expanding the Project to unlock the site’s full potential as a sustainably powered enterprise campus. This includes increasing renewable energy generation on-site and fostering opportunities for other businesses and industries to develop a sustainable and integrated business hub. Over the next 10 years, the ambition is to establish a unique campus in Ireland that allows large energy users to operate in a real-time, decarbonized energy environment.

Status:

Under development

ESG / SDG Key Facts:

This is a unique opportunity to deliver a significant local benefit, address a national need and contribute to national and global decarbonization goals

The Project’s activities directly benefit core SDGs:

• The delivery of significant reduction in overall emissions on site, by transitioning from a carbon intensive form of industrial process to a modern enterprise campus which will be powered using an innovative array of energy infrastructure

• The facilitation of critical digital infrastructure in the form of a new data centre which will interact with the electricity grid in a flexible manner, in line with the policies of the 2024 Climate Action Plan.

• The establishment of new employment and more economic opportunities compared to the current situation, representing a positive impact on the local economy and community
• The delivery of support services for the electricity grid at times of constraint, via the removal of demand and provision of dispatchable generation capacity.
• This alignment with Ireland’s Climate Action Plan 2024 and the National Planning Framework, which support industrial decarbonization and the advancement towards achieving net-zero emissions by 2050.

Grey-to-green industrial conversion