The Last Post

Matt Cooper: Pressure is on Ryan to show that wind can be as valuable as oil

Barryroe is seeking to have a liquidator appointed to the business which likely spells the end of oil exploration off our coast but it remains to be seen whether wind power can deliver the same returns

Eamon Ryan, the Minister for the Environment and Climate, is now under even greater pressure to ensure that alternative supplies of domestically produced energy become available to us quickly. Picture: Arthur Carron

The dream of a commercial oil find in Irish sea waters – one that potentially could provide enormous wealth for the country, as well as security of energy supply – is nearly gone, and this time when it’s gone, it’s really gone.

For many, it has always seemed something of a pipedream: previous exploration rarely found oil and never in sufficient quantity to allow for economic extraction. But a few continued to chase those dreams ...