thomas The Minister for Agriculture Food and the Marine, Simon Coveney TD, today launched eight schemes to commence implementation of Ireland’s new €240 million EMFF Seafood Development Programme for the period up to 2020 and beyond, co-funded by the Exchequer and European Maritime and Fisheries Fund. This announcement follows approval of the Programme in December by … Read more
With all the news of Ireland’s bombardment with wind and rain in 2015, it’s perhaps not surprising that it was enough to see us rise to third in the world rankings of countries that used wind energy to generate electricity. Wind energy in Ireland has always been seen as our greatest hope in trying to … Read more
A company whose backers include construction groups Sisk and Roadbridge is planning to build a large-scale electricity generating plant in a disused mine. Siga Hydro will next week detail plans to convert part of a disused mine close to Silvermines village in Tipperary into a pump-storage hydro plant that will generate enough electricity to power almost 400,000 homes. Local TD and … Read more
Polestar, Europe’s largest independent printing company, is predicted to save more than £10,000 off the annual energy bill at its Sheffield printing plant by adopting a revolutionary new VSD-driven vacuum pump from Atlas Copco. When Polestar was confronted with the need to make major repairs to one of its three existing fixed speed vacuum pumps … Read more
The 5 per cent losses to lows of $34.21/b follow escalating tensions between Saudi Arabi and Iran, which market players fear may ruin the chances of a production cut deal between the Opec nations which would help support prices despite the global oil glut. Also on Wednesday US inventory data showed an increase in petroleum … Read more
Alexion Pharmaceuticals, a biopharm company focused on serving patients with severe and rare disorders, is expanding its Irish operations, bringing in 200 new jobs upon completion of its €450m facility in Blanchardstown. The four-year project will be the company’s first-ever biologics manufacturing facility outside the US, bringing its Irish workforce to almost 500. Since first … Read more
Located 83km off Ireland’s northwest coast, in water depths of 350m, the Corrib gas field is estimated to produce around 260 MM scf/d of gas, which is 45,000 barrels of oil equivalent per day (boe/d). Shell E&P Ireland operates the project with 45% stake while other partners include Statoil Exploration Ireland with 36.5% interest and … Read more
Nearly a quarter Ireland’s electricity demand is now being supplied through wind energy, according to a report from Vayu, the Irish gas and electricity supplier backed by global mining giant Glencore. The company’s latest report on the wholesale energy market here indicates just over 23 per cent of the State’s total electricity demand in 2015 came from … Read more
Ireland’s marine renewable energy sector could ultimately be worth as much as €9 billion by 2030, and be supporting thousands of jobs on the island, according to Energy Minister Alex White. Speaking at the Marine Renewable Energy Ireland (MaREI) Industry Day, in Ringaskiddy, Co. Cork, Minister White also said his department’s support for research and … Read more
Energy Minister Alex White today published an energy White Paper, which identifies actions that will reduce Ireland’s energy-related carbon emissions by between 80% and 95%, compared to 1990 levels, by 2050. Minister White said that Ireland would eventually have to generate 100% of our energy needs from clean sources.Ireland’s Transition to a Low Carbon Energy … Read more