Positive Irish wind energy impact
Published: 25 June, 2014
Using wind energy to meet Ireland’s 2020 targets and adding further capacity up to 2030, will dramatically reduce Ireland’s costly dependency on foreign energy.
In addition it will lower wholesale electricity prices and deliver €1.8 billion in new tax revenue to the Irish state, all without leading to any cost to Irish consumers, according to detailed new independent research into the economic impact of the wind energy sector in Ireland.
“The Value of Wind Energy to Ireland” report, compiled by Pöyry, a leading international consulting and engineering consultancy, and Cambridge Econometrics, a leading independent consultancy specialising in applied economic modelling, is the most comprehensive independent study ever conducted into the economic impact of wind energy development in Ireland, and has shed new light on the economic benefits of further developing the clean renewable energy.
