Ireland emerging as a significant location for investors in the exciting and rapidly developing Clean Technology sector

Ireland stands to be a green living capital for the world!!
Outstanding natural resources, an advanced electricity grid and the presence of the world’s leading companies make Ireland the leading location for Green / Clean Technologies.
Ireland is poised on the edge of Europe with some of the best wind and ocean resources in the world. These natural resources and Irelands unique human capital are being harnessed to deliver the country’s renewable energy targets, by 2020 Ireland will have:
· 40% electricity from renewable sources
· 500MW ocean energy
· 10% electric vehicles
Integrating such a high proportion of renewable electricity while placing new demands (EV’s) into Irelands relatively small island electricity grid and maintaining stable reliable supply represents an enormous challenge and opportunity.

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To begin and first off, Ireland stands as a green living capital for the world!!

As well and furthermore, Ireland’s has Outstanding natural resources. Therefore add an advanced electricity grid and the world’s leading companies. This combination is going to make Ireland the place for Green / Clean Technologies.

Consequently, Ireland is on the edge of Europe and proximity to the best wind and ocean resources in the world. Also and almost most of all, Renewable energy is therefore harnessed. It’s harnessed to deliver the country’s green targets by 2020. Ireland will have:

  • ·         40% electricity from renewable sources
  • ·         500MW ocean energy
  • ·         10% electric vehicles

Hence, Integrating a high proportion of renewable electricity on Ireland’s grid is essential. In addition, more tidal and wind will as a result help add to the green grid. Therefore, it’s probably a better idea to keep up a stable reliable supply of energy. While seems like an enormous challenge, rather I say please and let’s be real. It’s also an opportunity.

Examples of Expertise in Ireland

IBM

Smarter Cities
Since March 2010, IBM’s first Smarter Cities Technologies Centre started in Dublin. In addition, add-on investments of another € 66m over three years. That will as a result help IBM build a highly skilled and cross-disciplinary team. As a result that team will be to help cities around the world. Seems like, IBM wants to help better understand, interconnect and manage their core communication, between water and energy.

So researchers at the new Centre will investigate how advanced analytics and VR. Then coupled with the cloud, video stream, and high performance computing. As a result, said combination helps city authorities make optimal use of resources. Most of all, it helps meet the challenges of our increasingly urbanised world.

Intel and IBM’s Smart Bay Initiative

First of all, IBM, Intel, a number of Irish SME’s and the Marine Institute are working on the Smart Bay project. The project aims to link surface plus underwater sensors and networks to enable environmental research. That’s expected in the Galway Bay Area. That is on and off the west coast of Ireland.  Also, the Smart Bay initiative aims to set up a greater understanding into marine ecosystems. This effort is to advance tidal information or data. That data will as a result help with coastal flooding, storm surges and rising sea levels.

Green International Financial Services Centre

Since March, the Green and Dublin’s IFSC (International Financial Services Centre) wants to make a hub for green businesses (set up shop in Ireland). Most noteworthy, the initiative aims to attract green businesses to Ireland. In addition, companies that finance them and those involved in the carbon reduction area.

As a result, its low corporation tax rate makes Ireland well positioned. Expect Ireland since its positioning to become a leading player in the global carbon market. Therefore, the Green IFSC will find Ireland as a centre of excellence for management of carbon.

As estimated and as a result, this would signal creating about 25,000 new jobs. These jobs will be cause and along with companies operating in the green hub. That green hub will make making tax contributions of circa €11bn annually.

Vattenfall and Wavebob Ltd

Because the country has such a vast natural energy resource, and tech’s proven. THAT makes Government policy support take effect. Ireland really is the ‘Texas of Europe’ exporting large quantities of green electricity (Source: Harvey Appelbe, Project Director for Tonn Energy)

Since In 2009, Vattenfall, one of Europe’s largest electrical utilities, in recognising the urgent need to cut global greenhouse gas emissions selected Ireland for an exciting initiative to develop ocean wave energy into a practical, clean and valuable new energy source in Ireland’s renewable energy portfolio.

Tonn Energy, a joint venture between Vattenfall and Wavebob, an Irish wave farm development firm, formed to carry out this programme of work. In the long-term this could place Ireland as a net exporter of green energy, utilising its massive natural ocean wave resource, and could hold significant benefits for the West of Ireland through next investment and employment.

Enercon

ENERCON, one of the largest manufacturers of wind turbines in the world, established a technical services operation in Tralee, Co. Kerry, creating 30 new technical and management positions over the next 2 years.  This strategy , supported by the Irish Government through IDA Ireland.

First off, ENERCON, founded in 1984 in Aurich, Germany, is the world’s leading supplier of direct driven wind turbines with 330kW to 7.5MW rated power. In addition and important, it produces its own rotor blades, generators, towers. Plus, it makes other components for its turbines.

Examples of Irish Companies

ESB is Ireland’s dominant electricity utility and is one of the key players in the development and support of a range of new technologies and initiatives:

  • ·         Electric Vehicles –
  • ·         Smart Metering

Open Hydro – design and manufacture marine turbines for generating renewable energy from tidal streams. The first company to deploy a tidal turbine at the European Marine Energy Centre (EMEC).  It’s and the first company to connect to to generate electricity from tidal streams. successfully prove a method of safely and economically deploying turbines directly from the seabed. In April 2009, Open Hydro announced that it had secured a major contract to develop a tidal energy pilot project for the Snohomish County Public Utility District (SnoPUD) in Washington State, USA.  The company awarded the 2009 company pioneer award at the Energy Ocean conference in Maine in the US.

Solarprint is an Irish company developing new ways of capturing solar energy to power everything from laptops to mobile Phones. That amazing  who created semi-liquid solar cell material is easy to work with and cheap to produce, creating solar panels that integrated into everyday. household goods, drawing on sunlight to recharge batteries without the need for a power supply.
Relevant Research Centres

More impressive than the numbers and leading foreign companies with operations in Ireland is the collaborative ecosystem in which they work together with the SME’s and academic research institutes.

In conclusion, the Electricity Research Centre (ERC) is industry-university research collaboration with research driven by the energy industry worldwide. It’s particular emphasis is on the Irish electricity sector. Plus, the significant penetration of renewable (wind) on the Irish grid. The ERC is primarily based in Electrical Engineering at University College Dublin (UCD).

Finally! International Energy Research Centre (IERC) was finally announced in since April 2009 is an industry lead research centre funding by the Irish Government. Therefore, Collaborative research will be undertaken into integrated energy solutions defined by the member companies. There are many Examples of the issues with integrated energy systems like real-time control of complex energy systems, stability of renewable-intense grid systems. Finally, Then add advanced diagnostics and prognostics, man/machine interface to energy systems, understanding of market, technology and policy interactions.