As we all know, Ireland is currently paying the price for the inability of its political and corporate leaders to take seriously the warning signs of an economy where property investment and borrowing generally got out of control. Looking at policy and commercial investment plans for energy supply and distribution, Richard Douthwaite asks, are the decision makers showing an alarmingly similar attitude to evident gas supply threats?
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
RICHARD DOUTHWAITE proposes measures including energy upgrade of the housing stock which could help to avoid economic meltdown, and JAY STUART outlines some energy saving measures which could be rolled out.
The introduction of smart metering later this year presents a great opportunity to engage Irish people en masse into substantially reducing their energy consumption, simply by showing them how much electricity they’re consuming, and how much the cost varies at different times of the day. However, as Richard Douthwaite warns, there is a real risk that smart metering may come in a form that benefits the electricity companies and not the end-user.