Bord na Móna announced this month that it has ended all peat extraction on its own land. The company has said that this is a key milestone in its transformation into the country’s leading climate solutions company.
Bord na Móna chief executive Tom Donnellan said the body was now in a position to be “fully focused on renewable energy generation, recycling, and the development of other low carbon enterprises”.
The company’s last full peat extraction took place in 2018, followed by a partial harvest in 2019 and a full suspension of such operations last year.
Derrinlough briquette factory will however continue to manufacture peat briquettes to 2024 and Kilberry horticulture facility will continue to operate on existing reserves.
Bord na Móna has pledged to continue to follow its Brown to Green strategy in order to meet its own climate commitments
Actions in this roadmap include developed wind, solar and other assets that could supply approximately one-third of Irish homes with renewable energy.
The semi-state company has also recently launched an action plan to restore drained peatlands with over €100 million to be invested in these efforts.