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?
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?
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.
The need to reduce CO2 emissions and energy consumption from buildings has never been more immediate. There is a growing consensus that we must reduce our dependence on rapidly depleting, carbon intensive fossil fuels, which, amongst other things, will involve overhauling how buildings are designed, constructed and used.