About

Benefits

When built, Silvermines Hydro will bring many benefits to Tipperary, Ireland, and the EU.

It will:

• Help keep power reliable by storing and balancing renewable energy to ensure a steady supply of electricity

• Cut costs by storing cheap energy when it is available and use it during peak times to lower bills

• Help the environment by using more renewable energy, reduce waste, and cut pollution

• Make better use of renewable energy instead of relying on imported fuels

• Create jobs, boost local economies, improve community amenities and create new opportunities

Silvermines Hydro is part of the development of an integrated energy market for Europe. This fully integrated market will enable the EU to:

• Ensure affordable, secure, and sustainable energy for all citizens

• Advance the use of renewable energy for a low-carbon future

• Enhance market efficiency and benefit consumers both within Ireland and Europe