It has been announced at the Irish Renewable Energy Summit renewable energy use in Ireland is growing by an average of 15% a year in the second half of the last decade.
Prof. J.Owen Lewis, CEO of the Sustainable Energy Authority of Ireland (SEAI) noted the significant progress made in renewable energy deployment in Ireland.
Prof. Owen said: "Significant progress is being made in developing and harnessing of the country’s natural energy resources. It is important to point out that our existing success in renewable energy is already having a direct impact on the competitiveness of the Irish economy, through enhanced price stability and improved security of energy supply."
Prof. Lewis said that ocean technologies show strong promise.
He said: "In the next few years, clean energy will be a highly prized commodity across the world. Ireland has the resource in abundance, and while there are many substantial challenges to developing the technologies and finding ways to capture and move and control this energy cheaply, there are powerful incentives to address these issues.
"This emphasises the need for a commitment to a long term strategy to decarbonise our energy supply."
The Proffessor noted that energy prices in Ireland for both gas and electricity have decreased "bringing Ireland into line with the European Union average".
He said: "The key factor driving energy prices in Ireland is fossil fuel commodity prices and our vulnerability lies in our continued high dependence on these fuels. Oil and gas prices will continue to be volatile, leading to further uncertainty.
"The clear way out of this uncertainty is to move away from our dependence on imported fuels and seriously exploit our indigenous renewable resources, in parallel with transforming the efficiency with which energy is used in Ireland. Achieving our long-term ambitions for renewable energy will be crucial to the future well being of Irish society."
Source: http://www.irishexaminer.com
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