The Department of Climate, Energy and the Environment published their Sectoral Capital Plan for 2026-2030 on 12 November 2025 (https://assets.gov.ie/static/documents/bd95ab8a/DCEE_Sectoral_Capital_Plan_2026_to_2030.pdf). As part of this, the Government has provided a total equity investment of €3.5 billion into ESB and EirGrid.
This funding will help to future proof Ireland’s electricity system. It will help to enable the delivery of over 500 capital network projects nationwide, support new housing connections and grid capacity for housing growth, integrate onshore and offshore renewables and strengthen grid reliability and decarbonisation.
The Housing Activation Office in my Department will work directly with ESB Networks to coordinate in relation to the investment needed to unlock key housing sites nationally, including key housing sites in Cork.