Ireland launches €70m energy efficiency fund

The Irish Government has teamed up with an investment banking firm to set up a fund that aims to invest €70 million (£57.2m) in energy-saving projects. Sustainable Development Capital LLP (SDCL) will manage the National Energy Efficiency Fund – which has been launched today – and will support projects that help save energy and costs […]

Ireland offers firms €35 million for energy efficiency

Ireland is setting up a €35 million fund (£30m) which will lend cash to the public and commercial sectors for energy efficiency projects. The Irish Government hopes the cash will be matched by the private sector to make a total of €70 million (£60m) available to interested businesses. Announcing the fund this week, Irish Energy […]

UK and Ireland plan to trade energy

The UK and Ireland yesterday took a first step towards trading energy which could see the UK import plenty of wind power from its neighbour. UK Energy Secretary Ed Davey met with his Irish counterpart Pat Rabbitte in Dublin to agree plans for co-operating more on energy at a conference hosted by the British Irish […]

First Ireland-Britain electricity link opened

The first electricity link to connect Ireland with Britain was officially opened last week. Developed by EirGrid, the ‘East West’ subsea interconnector has the capacity to transport 500MW of energy, enough to power around 300,000 homes. It is expected to improve security of supply and encourage the growth of renewable energy generation. At the official […]

Ireland and UK boost energy ties

The power ties between Ireland and the United Kingdom will be strengthened after ministers from both countries met to discuss renewable energy trading and gas agreements this week. UK Energy Minister Charles Hendry and his Irish counterpart Pat Rabbitte agreed a process to develop a formal Memorandum of Understanding on renewable energy trading by the […]