Ireland faces an uncertain future: international tax regulations are to change affecting our corporate tax take, COVID-19 has transformed how we live and work, Brexit creates challenging uncertainties for trade, and climate change will transform our world. There is however an opportunity emerging that will give Ireland control over its destiny creating long-term jobs, a…
Robert Buckley, head of relationship development at Cornwall Insight, said: “Cornwall Insight modelling suggests it now looks likely that we will see a substantial rise in the summer energy price cap period, completely reversing the fall that was seen in October. This increase was driven mainly by a rebound in the wholesale cost of energy over the latter…
The results are in: last year, for the first time, renewables generated more electricity than fossil fuels across the EU, spurred on by new solar and wind power projects. Over the 12 months, renewable sources generated 38% of Europe’s electricity, while 37% came from fossil fuels. Investment in wind and solar power was the chief…
Island communities off the west coast are to join forces with a view to generating offshore wind energy tied into hydrogen fuel production through a new network of local energy co-ops. Five island communities, on Valentia, Achill, Arranmore, Aran and Rathlin, have come together to co-ordinate efforts on deploying floating wind turbines combined with green hydrogen…
Now that the UK has formally exited the transition period for leaving the EU, policy makers must contend with not only a pandemic, but the UK’s strategy for sourcing energy sustainably in the coming decades. Previous governments had the luxury of North Sea oil and gas, but now governments of the future must face up…
The rollout of vaccines will enable European lawmakers to focus on initial but substantive steps towards net-zero objectives, according to Wood Mackenzie. Rory McCarthy, senior research manager at Wood Mackenzie, says the biggest trends to watch for in the bloc’s power sector include: Laying the foundations for EU Green Deal delivery “From the depths of…