Offshore wind energy | Business Post

Monaghan’s Combilift moves into offshore wind, secures Siemens Gamesa as first customer

The company said it has spent over two years developing new technology to service the sector

Foreign Direct Investment

'Ireland has not done a great job on infrastructure – that must change’: IDA chief executive

The new boss at the state development agency says the country can compete for large scale investments but warns that the housing crisis risks jeopardising any future wins

Energy leader says offshore wind having a ‘special moment’

Top executive for Danish renewables giant Orsted says Ireland can catch up with world market if it moves on building infrastructure

Irish-based offshore wind consultancy firm eyes expansion, plans to hire 500 engineers

Gavin & Doherty Geosolutions aims to expand base of clients in Europe, the United States and Asia

Five Degrees of Change

Daniel Murray: Winds of change needed if state is to meet offshore energy targets

On time delivery of entirely new industry will need regulation, planning, legal and administration to all fall into place this year

UK energy giant in talks with Echelon over Arklow Bank offshore wind farm

Despite losing out in last week’s first-ever Irish offshore wind auction, the British energy giant says the project could generate its first power in 2028

Four projects awarded contracts under the state’s first ever offshore wind auction

In what is a landmark moment for Ireland, four projects have made successful bids in the first offshore energy support auction that will deliver over 3,000 megawatts of clean, renewable offshore wind

Big Read: Ireland’s offshore wind ambitions flounder in a sea of red tape

After years of delays, the state is embarking on an ambitious effort to build up the country’s offshore resources. Experts say it’s long overdue – and we can’t afford to wait any longer

Irish auction set to be world’s most expensive for offshore wind energy

The price tag is expected to be close to €150 per megawatt hour, which is three times more expensive than the latest sale in Scotland and far higher than other European countries

State needs ‘IDA for offshore wind’ Dáil hears

Independent TD Denis Naughten also called for windfall corporate tax receipts to be spent on electricity grid and ports infrastructure

Offshore wind jobs will ‘flow away’ without urgent port investment, industry warns

Wind Industry Ireland has urged the government to provide state funding to port operators in Rosslare, Cork and Shannon-Foynes that would facilitate the upgrade of port facilities for offshore wind equipment

Climate & Environment

Eamon Ryan: An offshore wind energy free-for-all will not work for the collective good

A plan-led approach will deliver a sustainable long-term ocean energy industry, attract investment, protect the environment and maximise the benefit to society, as well as providing economic gain

Developers halt offshore wind plans after policy shift

New rules threaten Ireland’s target of building as much as 7 gigawatts of offshore wind by the end of the decade

Change of direction on offshore wind farms raises investors’ fears

Energy industry experts warn that the government’s sudden policy shift will make it much harder for Ireland to meet its 2030 targets

Ireland likely to miss 2030 renewable energy targets due to offshore wind policy U-turn

Mid-process move to centralised plan-led system leading to uncertainty among international wind energy investors

Business Post's View

Editorial: Potential of offshore wind energy is too significant to be squandered

An appropriate policy environment is vital if we are to reap the economic benefits of this unparalleled opportunity

Farra Marine completes €5 million fundraise through EIIS

Operator of crew transfer vessels plans to put funds towards seven new boats

Government U-turn ‘puts 80 per cent of offshore wind projects at risk’

Centralised scheme will restrict developers to two sites for offshore projects, with industry sources saying 50 projects comprising 80,000 MW of offshore wind capacity are at risk

Comment: A year on from Russia’s invasion of Ukraine it’s time for Ireland to lead on clean energy

Increasing renewable generation reduces Ireland’s exposure to variable fossil fuel prices and should therefore protect against the kind of volatile price spikes we have seen in the past year

Ireland needs an ‘offshore wind IDA’ to attract foreign energy firms, Cork Chamber says

Two of the largest energy developers in the world have left the market in the last 18 months as concerns have grown about the lack of policy focus