Energy security 'should be a factor' in exploration decisions

Ireland must balance energy security with energy sustainability, according to Paul Simons, deputy executive director of the International Energy Agency

A drilling rig at Providence Resources’ Barryroe field. Pic: Finbarr O’Rourke
The EirGrid East-West Interconnector. Pic: RollingNews.,ie

Paul Simons, deputy executive director of the International Energy Agency, has said that Ireland must balance energy security with energy sustainability when it comes to makingdecisions about future oil and gas exploration.

“All IEA countries need to balance energy security, with energy sustainability and economic growth, economic viability. So it’s a three-legged stool. And energy security certainly is an element in that.” Simons told The Sunday Business Post.

“The ...