In recent years it’s become increasingly accepted that the age of cheap and abundant oil and gas supplies is coming to an end, and that future energy needs will have to be met from cleaner, more widely available fuel sources. According to Richard Douthwaite, the prospects of exponentially rising costs and failure to ramp up carbon capture and storage will mitigate against coal’s ability to take up the slack
The German-Irish Chamber of Industry and Commerce (GICIC) has just completed a study titled “The Potential of Renewable Energy in Ireland”.
Based on the study’s findings, Bernd Reinhard, Deputy Executive Director of the GICIC outlines the potential that fast emerging renewable technologies possess to revolutionise Ireland’s energy supply, from wind power’s capacity on a national level, to the benefits the likes of solar and geothermal can offer proactive homeowners
Planning ahead for Ireland’s electricity supply is by no means a simple matter, given the range of unprecedented issues that are coming to the fore. Massive cuts in emissions must be achieved, whilst decisive action is required to ensure adequate supply of electricity at a time when usage is spiraling. Richard Douthwaite explains the balance that Ireland must achieve between efficient local generation and usage and ensuring optimal interconnection to global renewable electricity supply
As oil prices surge and the need to rapidly switch to energy sources that are secure and environmentally friendly becomes increasingly apparent, more and more Irish people are tapping into the renewable energy resources at their disposal. But are the Government giving people the incentive to make the switch?