Visit windpowermonthlyevents.com for the latest on our upcoming conferences and webcasts

Ireland

Ireland

Wind energy to deliver €100 million savings in ireland by 2020

IRELAND: Ireland's wind energy sector will deliver consumer savings of €100 million by 2020 through reduced electricity prices, according to a report commissioned by the Irish Wind Energy Association.

‘The impact of wind on pricing within the Single Electricity Market’ found that delivering 45% of energy from wind by 2020 would achieve an 11.5% reduction in wholesale electricity prices.

The report, compiled by analytical consultancy Redpoint Energy Limited, showed that savings for consumers as a result of wind generation are set to reach €36.6 million in 2011.

Wind energy currently accounts for approximately 12% of Ireland’s electricity needs.

According to the latest Windpower Monthly Windicator, Ireland has the 10th highest installed capacity in Europe, with 1,459MW.

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Only [DAYS_LEFT] days Subscribe Now

Left of your Windpower Monthly free trial

Your free trial Subscribe Now

to Windpower Monthly has expired

Windpower Monthly Events

Search more than 4,500 companies in the Windpower Directory

Latest Jobs