Ireland Electric Aviation Infrastructure Development Feasibility Study with Aerospace Market Outlook

Executive Viability Abstract

This feasibility study evaluates the potential for developing electric aviation infrastructure across Ireland, focusing on regional airports like Shannon, Cork, and Kerry. The project leverages Ireland's ambitious Climate Action Plan and its strategic position as an aerospace hub. The study finds high viability for short-haul electric regional air mobility (RAM) and Electric Vertical Take-off and Landing (eVTOL) operations, supported by a robust renewable energy grid and government incentives for decarbonization.

## Market Analysis Ireland's aviation sector is a major economic driver. With the EU's 'Fit for 55' mandate, there is a significant push for zero-emission regional connectivity. The market outlook for 2025-2035 suggests a shift toward sub-regional electric flights (9-19 passengers) for domestic routes like Dublin-Donegal and Dublin-Kerry. Competitors are currently limited, providing a first-mover advantage for infrastructure providers. ## Capex Summary Total estimated initial investment is €125 million. This includes: - Grid upgrades and substation enhancements: €45M - High-speed MCS (Megawatt Charging Systems): €30M - Hangar retrofitting and safety equipment: €20M - Vertiport construction (4 locations): €20M - Project management and regulatory compliance: €10M ## Revenue Model The revenue model is diversified across three main streams: 1. **Charging as a Service (CaaS):** Fees per kWh delivered to aircraft operators. 2. **Infrastructure Access Fees:** Annual subscriptions and landing fees for electric-only gates. 3. **MRO Services:** Specialized maintenance for electric powertrains and battery swapping services. ## Financial Projections Projections indicate a steady growth in EBITDA starting in Year 3. By Year 10, the infrastructure is expected to handle 15% of all domestic aircraft movements, generating an annual revenue of €38M. ## Risk Assessment Primary risks include regulatory delays in EASA certification for electric aircraft and potential bottlenecks in the Irish national grid capacity during peak periods.