Ireland is playing a lead role in Europe in adding wind power and other renewables to our energy supplies, a new report states. Ireland is on target to achieve its target of 40% of electricity from renewable sources by 2020, and in achieving that target, we will have one of highest levels of wind power … Read more
The Accelerated Capital Allowance scheme, which is administered by the SEAI, allows companies to buy energy efficient equipment and write off its full cost against corporation tax in the year of purchase. Through this scheme keepITsafe, Ireland’s largest online backup company, purchased Eur80,000 of energy efficient servers, reducing the company’s annual data centre running costs … Read more
As the Dail rises today, Minister for Communications, Energy and Natural Resources Eamon Ryan TD has announced that of the 13 Acts that have been passed during this parliamentary session, five emanated from his Department. The five bills from the Department of Communications, Energy and Natural Resources that were signed into law are: • Energy … Read more
The Carbon Windfall Levy, introduced in the Electricity Regulation (Amendment) (Carbon Revenue Levy) Act 2010, has been signed into law. The levy will apply to electricity generators and recover a substantial portion of the unearned carbon windfall gains that they currently receive through the Single Electricity Market. Under the Kyoto Carbon Trading provisions, electricity generators … Read more