Viridian Wins Appeal that Could Save 40 Jobs at Dublin Power Plants

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Energy supplier Viridian has won an appeal against changes to the electricity generation licence for its Huntstown power plants, raising hopes that they can remain open and save 40 jobs, the Irish Times reported. Viridian warned earlier this year that it would have to close the Co Dublin plants after one facility failed to secure a contract for new payments from national grid operator EirGrid in an auction overseen by the Commission for Regulation of Utilities (CRU). The company appealed the change to a statutory panel assembled by the Minister for Communications, Energy and Natural Resources, Denis Naughten. The panel ruled in Viridian’s favour and found that Huntstown was needed to ensure security of electricity supplies to Dublin. Read more. (Subscription required.)