eirgrid public limited company

What eirgrid public limited company does

EirGrid Public Limited Company is Ireland's state-owned Transmission System Operator (TSO), established in 2000 pursuant to the European Communities (Internal Market in Electricity) Regulations 2000 and regulated by the Commission for Regulation of Utilities (CRU). The company develops, manages, and operates the high-voltage electricity transmission grid across the Republic of Ireland, balancing supply and demand in real time and serving all electricity generators, ESB Networks (the distribution system operator), and ultimately every electricity consumer in Ireland. EirGrid also jointly operates the Single Electricity Market Operator (SEMO) with SONI Ltd for the all-island wholesale market, and owns/operates cross-border interconnection assets including the 575km East West Interconnector and Greenlink (Ireland–Great Britain), with the Celtic Interconnector (Ireland–France) in joint development with RTE.

The product portfolio is infrastructure-led rather than software-led: core transmission system operations; SEMO; interconnectors; the Shaping Our Electricity Future roadmap targeting 80% renewable electricity by 2030; the DS3 Programme (which achieved a world-first increase of instantaneous renewable generation from 50% to 75%); the Powering Up Offshore South Coast programme including Tonn Nua (~900 MW); real-time system information services (fuel mix, emissions, demand); the Future Arrangements for System Services (FASS) market redesign; and procurement operations. No public or developer API is offered; real-time data is delivered via the website.

EirGrid's revenue is not publicly disclosed and is generated through regulated transmission use-of-system tariffs set by CRU, interconnector revenues, and system services payments. The Group also includes EirGrid Interconnector DAC and EirGrid Telecoms DAC. The company is not listed on any stock exchange and is wholly owned by the Irish state, with no headcount or financial figures disclosed in the provided sources. Recent strategic priorities center on renewable integration, offshore grid build-out, and interconnection expansion into continental Europe.

Name

eirgrid public limited company

Legal name

EirGrid plc

Website

https://eirgrid.com

Company type

Private

Founded year

2000

Operating status

Operating

Short description

EirGrid plc is Ireland's state-owned Transmission System Operator, developing, managing, and operating the country's high-voltage electricity grid for generators, ESB Networks, and all electricity consumers, while jointly running the all-island wholesale market (SEMO) with SONI and operating Ireland's cross-border interconnectors.

Ownership category

akta.pro rank

Product category

Electricity Transmission Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112), Electric Bulk Power Transmission and Control (221121)

SIC

Electric Services (4911)

akta.pro primary industry

HV Transmission Asset Owners (Transmission Companies/Transcos) (EUADAAAC)

akta.pro secondary industries

Cross-Border Interconnectors & Regional Transmission Coordination (EUADAAAB), DER & Microgrid Interconnection / Grid Edge Integration Services (EUAEANAF)

Keywords

• Electricity transmission services
• Transmission system operation
• Wholesale electricity market
• Interconnector infrastructure
• Power system balancing

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Technology or R&D, Others

Distribution channels1 record

Marketing channels7 records

Core offering

EirGrid develops, manages and operates Ireland's high-voltage electricity transmission system, ensuring safe, secure and reliable power delivery across the country. It jointly operates the Single Electricity Market Operator (SEMO) with SONI Ltd for the all-island wholesale electricity market, and owns and operates interconnectors linking Ireland to Great Britain (East West, Greenlink) and France (Celtic Interconnector, in development). The company is also mandated to develop Ireland's offshore grid infrastructure and lead the transition to a low-carbon electricity system.

Product overview

EirGrid is Ireland's state-owned Transmission System Operator (TSO) operating as a single unified utility rather than a platform-plus-modules architecture. The core offering is the operation and development of Ireland's high-voltage electricity transmission grid. The product portfolio includes: the Transmission System Operations as the central product; the Single Electricity Market Operator (SEMO) jointly operated with SONI; interconnection infrastructure (East West Interconnector, Greenlink Interconnector, Celtic Interconnector); strategic initiatives like the Shaping Our Electricity Future Roadmap targeting 80% renewable electricity by 2030; real-time system information services; and the DS3 Programme. Additional services include offshore grid development programmes such as Powering Up Offshore South Coast, procurement and tender services, and Future Arrangements for System Services (FASS) for market evolution. EirGrid does not offer software products or developer APIs but rather provides essential electricity infrastructure and market operations services.

Differentiator

Problem solved

Functional benefit

Products and services

• Electricity Transmission System Operations Operation, management and development of Ireland's high-voltage electricity transmission system, providing safe, secure and reliable power delivery to the Distribution System Operator (ESB Networks) and onward to all electricity consumers nationwide.
• Single Electricity Market Operator (SEMO) The single wholesale electricity market covering the Republic of Ireland and Northern Ireland, jointly operated by EirGrid plc and SONI Ltd, enabling electricity trading across the all-island market for generators, suppliers and consumers.
• East West Interconnector A 575 km subsea electricity interconnector linking Ireland and Great Britain, enabling cross-border power flows and supporting security of supply and renewable integration.
• Greenlink Interconnector An interconnector linking Ireland to Great Britain, owned and operated by EirGrid, supporting security of supply and integration of more renewables onto the electricity system.
• Celtic Interconnector The first subsea interconnector linking Ireland with continental Europe (France), being jointly developed by EirGrid and France's transmission system operator RTE to enable cross-channel electricity trade.

Quantifiable outcome

• 43%+ of electricity from renewable sources achieved in 2020
• +2 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eleven partnerships are on record, tiered minor and core.

• National Parks and Wildlife Service (NPWS)minorStrategic or Co-development Partner · 1 June 2024Led the Peatlands Restoration Project in the Wicklow Mountains Special Area of Conservation, in which EirGrid volunteers participated. NPWS is undertaking work to restore the bog's water retention capacity and regenerate vegetation.
• SONI Ltd (System Operator for Northern Ireland)coreStrategic or Co-development PartnerSONI is part of the EirGrid Group and jointly operates the Single Electricity Market Operator (SEMO) with EirGrid plc for the all-island wholesale electricity market covering both the Republic of Ireland and Northern Ireland.
• ESB NetworkscoreTechnology or IntegrationESB Networks is the Distribution System Operator (DSO) for Ireland, receiving power from EirGrid's transmission system and supplying it directly to homes and businesses nationwide. EirGrid receives personal data from ESB as a business partner.
• RTE (Réseau de Transport d'Électricité)coreStrategic or Co-development PartnerJointly developing the Celtic Interconnector, the first interconnector to link Ireland with continental Europe (France). RTE is France's transmission system operator.
• Achilles Procurement Services LtdcoreTechnology or IntegrationOperates the Supply-Line qualification system used by EirGrid for supplier registration and procurement processes. Suppliers must register on Supply-Line to participate in EirGrid procurement competitions.
• ReWild WicklowminorStrategic or Co-development PartnerPartner organization for the Peatlands Restoration Project in the Wicklow Mountains, collaborating with NPWS and EirGrid volunteers.
• Mountaineering IrelandminorStrategic or Co-development PartnerPartner organization for the Peatlands Restoration Project in the Wicklow Mountains, collaborating with NPWS and EirGrid volunteers.
• ARC MarinecoreTechnology or IntegrationEirGrid worked closely with ARC Marine, industry experts in marine nature inclusive design, to develop specifications for attaching 'fish hotels' to offshore substations and using cold water reef-forming concrete for cable and substation foundation protection in future grid projects.
• 50Hertz, Europacable, TenneT, RGI (Research Grid Initiative)minorStrategic or Co-development PartnerCollaborated to fund laboratory and field studies on electromagnetic fields (EMFs) in relation to commercially important flatfish species. Research found no evidence of attraction, avoidance, or erratic behaviour in flounder exposed to EMFs.
• EirGrid Interconnector DACcoreTechnology or IntegrationPart of the EirGrid Group family of companies. EirGrid shares personal data within the group including EirGrid plc, SONI, SEMO, EirGrid Interconnector DAC, and EirGrid Telecoms DAC.
• EirGrid Telecoms DACcoreTechnology or IntegrationPart of the EirGrid Group family of companies. EirGrid shares personal data within the group including EirGrid plc, SONI, SEMO, EirGrid Interconnector DAC, and EirGrid Telecoms DAC.

Scale indicators4 records

Recent moves6 records

Expansion highlights10 records

Broad incumbents

• Statnett: Statnett is Norway's state-owned TSO, operating a regulated HV transmission network with subsea interconnectors to neighboring countries. It is a structural peer given shared state ownership, regulated-monopoly status, and reliance on renewables/hydro integration.
• Elia Group: Elia is Belgium's national TSO and also owns 50Hertz in Germany, operating regulated HV transmission across multiple countries with major offshore wind interconnection plans. Comparable to EirGrid as a European TSO focused on renewables integration and cross-border trading.
• TenneT: TenneT is the Dutch-German TSO operating one of Europe's largest HV transmission networks with extensive offshore wind connections. It is a relevant peer given EirGrid's offshore grid ambitions and shared exposure to integrating high renewable penetration onto the grid.
• Energinet: Energinet is Denmark's state-owned TSO and system operator, with extensive offshore wind integration experience and interconnections to neighboring countries. Comparable to EirGrid as a smaller European state-owned TSO focused on renewable integration and cross-border interconnection.
• 50Hertz: 50Hertz is a German TSO (owned by Elia) operating HV transmission in northern Germany with substantial offshore wind connections. EirGrid has partnered with 50Hertz on EMF research and is exposed to similar North Sea offshore-grid development challenges.
• Svenska Kraftn\u00e4t: Svenska Kraftnät is Sweden's state-owned TSO with cross-border interconnectors and active involvement in offshore grid planning. Comparable to EirGrid as a smaller European state-owned TSO navigating the energy transition.

Direct peers

• RTE (R\u00e9seau de Transport d'\u00c9lectricit\u00e9): RTE is France's national TSO and EirGrid's joint development partner on the Celtic Interconnector, the first subsea link between Ireland and continental Europe. Both operate regulated HV transmission networks with national-scale infrastructure and interconnector portfolios.
• SONI (System Operator for Northern Ireland): SONI is part of the EirGrid Group and jointly operates the all-island Single Electricity Market Operator (SEMO) with EirGrid plc. It performs the equivalent TSO function for Northern Ireland, making it the closest operational peer and a sister entity within the same corporate group.
• ESB Networks: ESB Networks is Ireland's Distribution System Operator, the sole off-taker of power from EirGrid's transmission system. Although it operates the lower-voltage distribution layer rather than HV transmission, it is EirGrid's critical downstream partner and the closest operational peer within the Irish electricity value chain.
• National Grid Electricity Transmission (UK): National Grid is the UK's high-voltage Transmission System Operator and owns/operates interconnectors that directly tie into EirGrid's grid via the East West Interconnector and Greenlink. Both are regulated monopoly TSOs with similar asset profiles, regulatory frameworks, and offshore-grid ambitions.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/EirGrid
• YouTubeyoutube.com/channel/UCHVdiLxz1rOsk11l1PhjFVw
• Facebookfacebook.com/eirgrid/?rf=105477629485100
• LinkedInlinkedin.com/company/eirgrid

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about eirgrid public limited company