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 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
Semi-state business Bord Gáis have placed green innovation at the centre of their business strategy. As CEO John Mullins reveals, pay as you save and renewable energy will shape the company’s future.