The introduction of smart metering later this year presents a great opportunity to engage Irish people en masse into substantially reducing their energy consumption, simply by showing them how much electricity they’re consuming, and how much the cost varies at different times of the day. However, as Richard Douthwaite warns, there is a real risk that smart metering may come in a form that benefits the electricity companies and not the end-user.
In recent years it’s become increasingly accepted that the age of cheap and abundant oil and gas supplies is coming to an end, and that future energy needs will have to be met from cleaner, more widely available fuel sources. According to Richard Douthwaite, the prospects of exponentially rising costs and failure to ramp up carbon capture and storage will mitigate against coal’s ability to take up the slack
Richard Douthwaite explains how inadequate conventional energy generation is and reveals the potential that combined heat and power & energy service companies can offer.
The German-Irish Chamber of Industry and Commerce (GICIC) has just completed a study titled “The Potential of Renewable Energy in Ireland”.
Based on the study’s findings, Bernd Reinhard, Deputy Executive Director of the GICIC outlines the potential that fast emerging renewable technologies possess to revolutionise Ireland’s energy supply, from wind power’s capacity on a national level, to the benefits the likes of solar and geothermal can offer proactive homeowners