ZeroGen | A Pathway to Zero company
Fuel the Future.
Cut Carbon.
Grow Returns.
Developing projects that advance Ireland’s goal of achieving Net-Zero Emissions by 2050.
42 MWDistributed HVO generation
10-yearFixed EirGrid capacity contract
Up to 90%Lifecycle GHG savings with HVO
IrelandSites across the national grid
01 About ZeroGen
Understanding ZeroGen: Mission, Identity & Impact
ZeroGen is developing distributed generation assets across Ireland to deliver grid flexibility, system stability, and national decarbonisation objectives.
42MW
Low-emissions standby generation distributed across Ireland for DSU services
2028/ 2029
T-4 EirGrid Capacity Auction
10year
Fixed contract
2025
Year ZeroGen was established
02 The ZeroGen Project
42 MW. One Strategic Energy Platform.
Delivering 42 MW of Hydrotreated Vegetable Oil (HVO) units, operating as Demand Side Units (DSUs). The project is secured with fixed revenue from an 10-year EirGrid Capacity Market contract.
42 MWHVO generation capacity
DSU generationDemand Side Unit services
Grid flexibilityFor Ireland’s electricity system
- Multiple sites distributed across Ireland, operating as Demand Side Units
- Fixed revenue secured through an 10-year EirGrid Capacity Market contract
- Low-emission HVO generation supporting Ireland’s Net-Zero 2050 goal
Up to90%
Lifecycle GHG savings vs fossil diesel
03 HVO Fuel
HVO: The Next Generation of Clean Power
HVO fuel is a Renewable Energy Directive (RED) III compliant renewable bio-fuel produced from waste and residue feedstocks. It offers significant environmental benefits, providing lifecycle greenhouse gas (GHG) savings of up to 90% compared to fossil diesel.
Renewable bio-fuel
Produced from waste and residue feedstocks rather than virgin resources.
RED III compliant
Meets the requirements of the EU Renewable Energy Directive III.
Up to 90% lower lifecycle GHG
Compared to fossil diesel, across the fuel’s full lifecycle.
04 Strategic Approach
Our Flagship 42 MW Project
Our flagship 42 MW project will be developed following this strategic approach:
01
Generate
Install low-emission HVO generators at multiple sites, ensuring compliance with environmental and planning requirements.
02
Integrate
Enable DSU programme participation via compliant electrical integration, metering, and remote-control capability.
03
Upgrade
Upgrade electrical infrastructure to support the generator.
04
Comply
Grid Code compliance.
05 Why It Matters
Powering a More Flexible Irish Grid
I
Grid Flexibility
Supporting Ireland’s electricity system when flexibility and responsive generation are required.
II
System Stability
Providing distributed generation capacity to support a resilient electricity network.
III
Decarbonisation
Supporting Ireland’s national pathway towards Net-Zero emissions by 2050.
06 Contract & Partners
A Contracted Route to the Irish Grid
ZeroGen has secured a contract with DSU Operator to design, deliver and own 42 MW of HVO fuelled genset packages for use as DSU generation services at various sites around Ireland.
Asset owner & developer
ZeroGen
Designs, delivers and owns 42 MW of HVO fuelled genset packages at sites around Ireland.
DSU services provider
DSU Operator
Manages the EirGrid capacity contracts on behalf of ZeroGen, and provides the DSU services as the interface with EirGrid.
Transmission system operator
EirGrid
Capacity Market counter party. 2028/2029 T-4 capacity auction for demand response to the wholesale electricity grid.
Capacity auction
40 MW secured in the T-4 Capacity Auction, 17 December 2024
ZeroGen have secured installed generating capacity of 40 MW in the T-4 Capacity Auction in respect of Capacity Year 2028/2029.
Demand response
40 MW demand response to the wholesale electricity grid
EirGrid 2028/2029 T-4 capacity auction to provide 40 MW demand response to the wholesale electricity grid.
Contract term
10-year fixed contract from October 2028
With additional 1 year revenue from October 2027.
Contract management
DSU Operator manages the EirGrid capacity contracts
On behalf of ZeroGen, providing the DSU services which is the interface with EirGrid.
On the ground
Projects happening around Ireland
07 Programme
Key Milestones
Phase 2 EIIS delivery path, from first installations to capacity revenue and redemption.
Phase 1 EIIS
2025
Phase 1 EIIS complete: €5.5m raised and 40 MW contracted with host sites.
Equipment delivery
Q2 2026
First batch of long-lead equipment delivered and undergoing installation at host sites.
Construction
Q3 2026
Construction commences; purchase orders issued for approx. 75% of key equipment.
Phase 2 EIIS
Q4 2026
Phase 2 EIIS raise of €5.5m completes by 31 December 2026.
Electrical & grid
Q1 2027
MV and LV electrical installation, grid connection and controls works progress.
Commissioning
Q4 2027
Full portfolio commissioned; revenue commences 1 October 2027.
Capacity contract
Q4 2028
10-year T-4 capacity contract starts, delivering 42 MW of DSU capacity.
EIIS redemption
2030
EIIS redemption, Phase 1.
EIIS redemption
2031
EIIS redemption, Phase 2.
08 Investment
Investment Pathway
The investment process follows a defined sequence of steps, from invitation through information and expressions of interest to closing.
01
19th October
Invitation to invest opens. Email your interest to zerogen@p2z.ie
02
13th November
Expressions of Interest Close, or earlier if subscription target is met
03
23rd November
Subscription Agreement issued to interested investors
04
3rd December
Return signed agreements and transfer investment to ZeroGen
Investor Notice
This Document has been prepared and issued by ZeroGen Limited (“Company”) based on materials and information supplied by the Company for the sole purpose of assisting you in deciding if you wish to proceed with a further investigation of the Company with a view to a potential investment in the Company.
This Document is for information purposes only and is not a prospectus within the meaning of the Investment Funds, Companies and Miscellaneous Provisions Act 2005 or the Prospectus (Directive 2003/71/EC) Regulations 2005.
Nothing in this Document or any related information should be regarded as investment advice provided by the Company within the meaning of the Investment Intermediaries Act 1995, the Markets in Financial Instruments and Miscellaneous Provisions Act 2007 or the European Communities (Markets in Financial Instruments) Regulations 2007.
The Document is strictly for information purposes and does not purport to be comprehensive, all inclusive or to contain all the information that a prospective investor may desire in investigating the Company and may be subject to updating, revision or amendment.
Request Further Information
Register your interest
Complete the form below and a member of the ZeroGen team will be in touch.