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‘Ireland could become a hub for energy-intensive industries’

Colm O’Neill, partner, head of energy, utilities & telecoms at KPMG, says that Ireland must grab the opportunity now if it is to become a leading exporter of energy

Colm O’Neill, partner, head of energy, utilities & telecoms, KPMG: ‘Decisive action is required now.’

While price shocks and supply uncertainty dominate the national conversation, this 21st-century energy crisis represents a step change opportunity for the world, and in particular for Ireland, Colm O’Neill, partner, head of energy, utilities & telecoms, KPMG, said.

“If we act quickly and with purpose, Ireland could not only achieve energy independence, but could become a hub for energy-intensive industries and a net exporter of energy. But ours is not the only country in Europe ...