Ireland s. Offshore Wind Resource. An Export Opportunity. Presentation to IWEA Conference Brian Britton Secretary NOW Ireland 22 nd March 2012

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1 Ireland s Offshore Wind Resource An Export Opportunity Presentation to IWEA Conference Brian Britton Secretary NOW Ireland 22 nd March

2 Ireland s Offshore Opportunity Ireland has a number of opportunities from Offshore Wind To meet and exceed our renewable energy targets. To export high value green electricity to Europe. To create jobs building and operating Irish Offshore wind farms. To stimulate the 60bn Supply Chain Opportunity afforded by the development programmes for offshore wind in the Irish Sea and over 300bn in the rest of Europe. The European Commission expects the creation of 2.8m jobs by 2020 from renewable energy industry in Europe. 2

3 Offshore Projects Under Development in Irish Waters SSE Renewables Lease for 200 turbines on the Arklow Bank Codling Wind Park Lease for 220 turbines on the Codling Bank plus application for a further 200 turbines Oriel Windfarm Consent for 55 turbines East of Dundalk Bay FST Application for 20 turbines on Skerd Rocks Dublin Array Application for 145 turbines on the Bray and Kish Banks Crown Estate Leasing Round Under way for a 600 MW zone off the coast of Northern Ireland 3

4 Ireland UK Europe A Route to Export Markets 4

5 British Irish Council An All Islands Approach to Energy British Irish Council announcement, 20 th June UK White Paper on Energy Market Reform and Renewables Roadmap, 12 th July Acknowledges Ireland s substantial renewable energy resources. Indicates that import of Irish renewable energy is a policy which the UK sees as beneficial. Calls for an All Islands Approach to energy development. Commitment to working towards developing a market mechanism to allow energy to be traded between nations. The backdrop is UK security of supply and renewable energy targets. Talks ongoing between British and Irish Governments 5

6 6

7 Export Mechanisms How would renewables export work? - Statistical transfer / market mechanism - Interconnection - Direct connection of wind farms Eirgrid offshore grid study base case scenario Statistical transfer can be undertaken using guarantees of origin which can be traded by agreement between member states. A number of recent Government backed studies have all concluded that an integrated and incremental approach to developing an offshore grid network in the Irish Sea is the most appropriate method to facilitate exports, increase the penetration of Renewable Energy and improve the existing onshore grid. Southern Isles Concept These include: The Isles Study Eirgrid s Offshore Grid Study North Sea s Offshore Grid Initiative 7

8 Export Opportunity - Supply Chain There is currently over 100,000MW of offshore wind capacity under development or planned in European waters. The European Commission expects the creation of 2.8m jobs by 2020 from renewable energy industry in Europe. Siemens have predicted that there will be 300bn invested in the offshore wind industry alone in the next 20 years. The UK is planning the installation of 33,000 MW of offshore wind generation capacity over the next 10 years. An Open for Business approach yields supply chain jobs, eg GB & NI Offshore Wind Projects in Development in Europe 8

9 Job Opportunities EWEA Predictions 170,000 offshore wind jobs in the EU by ,000 offshore wind jobs in the EU by

10 Export Opportunity - Supply Chain 60bn The biggest supply chain market for offshore wind in the world is on our backdoor in the Irish Sea Zone, a supply chain opportunity of over 60bn 10

11 Ireland is Already Involved in Offshore Wind Supply Chain Development Companies Project Delivery Management Port Facilities Marine Services Diving Companies Work Boats Forecasting Engineering and Environmental services 11

12 Energy Export Opportunity The EU Renewables Directive issued June 2009 encourages interstate trading of renewable power and renewable credits between member states. A joint British Irish Council announcement, June 2011, agreed an All Island Approach to renewable energy development. Acknowledges Ireland s substantial renewable energy resources, particularly offshore, providing an opportunity for export. Indicates that import of Irish renewable energy is a policy which the UK sees as beneficial. An Intergovernmental Agreement between Ireland and the UK is expected this year to facilitate the export of renewables. Policy Commitments from the UK have already increased investor certainty in Irish renewable energy. 12

13 Delivering on our Opportunity Develop a positive mindset our resources are unparalleled. Look beyond our shores for the opportunity which exists. Ensure our national policies support our industry objectives. Create the necessary market mechanism Ireland / UK / Europe. Be the leaders of the change Ireland wants and needs. 13

14 The National Offshore Wind Association of Ireland (NOW Ireland) is the representative organisation for offshore wind farm developers in Ireland Contact Details for NOW Ireland: Address: NOW Ireland, 2 Marine Court Blackrock, Co. Louth Ireland Tel: Fax: info@nowireland.ie Web: 14

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