Press Release - Monday 2nd April, 2007
Paddy Larkin takes up the reins at Moyle Interconnector
Northern Ireland Energy Holdings executive, Paddy Larkin has taken up the reins as Managing Director of NIEH subsidiary, Moyle Interconnector Ltd, the company which owns Northern Ireland's 500MW electricity link with Scotland. He was appointed Managing Director designate in January of this year.
Previously Paddy was Chief Executive Officer of Premier Power Ltd, the BG group subsidiary which operates Ballylumford Power Station. Before that he held a number of operational and business positions in Premier Power - over a 14-year period - having joined from NIE in 1992.
Paddy takes over at Moyle at an interesting time, where one of his top priorities will be to secure the position of the Moyle Interconnector in the new Single Electricity Market (SEM).
Paddy and his wife Maura have four young children and live in Belfast.
Commenting on his appointment Paddy said, "I'm delighted to be taking over Moyle at this time. The Interconnector is a vital piece of Northern Ireland's energy infrastructure. Not only does the interconnector allow competitive power in Britain access to the Irish market, it also provides critically important capacity for security of supply, particularly in light of the planned increases in intermittent renewable generation. Additionally the interconnector provides a valuable export opportunity to the increasing number of low cost generators coming on stream on the island of Ireland. My priority will be to ensure that economic trade across the Moyle will continue to be maximised under the new market arrangements and that Moyle will be properly remunerated under the new regime for the contribution that it makes . That way Northern Ireland Energy Holdings can continue to deliver substantial benefits to energy consumers".
Paddy succeeds Alan Rainey who will shortly be retiring after having directed the Moyle Interconnector project since the initial feasibility studies.
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Northern Ireland Energy Holdings Media Contact:
Michael McKernan, Lagan Consulting Tel: +44 (0)28 9261 9550
email: michael.mckernan@laganconsulting.com
Last Updated: 30th March 2007