Ireland’s Energy Transition Faces Infrastructure Hurdles
Policy ambition is no longer the primary obstacle in Ireland’s journey towards energy transition. However, the slow pace of infrastructure execution could drive international investment to other shores. This pressing concern will be addressed at the upcoming energy conference hosted by Mason Hayes & Curran at the Clayton Hotel in Cork next week.
The event, occurring on Wednesday, September 9, will mark its return to Cork since 2023. Over 150 energy professionals are expected to attend, eager to discuss the challenges and opportunities in Ireland’s energy landscape.
Geopolitical Headwinds and Energy Security
Dan O’Brien, a chief economist at the Institute of International and European Affairs, will be delivering the keynote speech. O’Brien will delve into geopolitical challenges, the rise of data centres, and the economic necessity of ensuring a stable energy supply.
The Need for Regulatory Certainty
Eoin Cassidy, the Energy & Infrastructure Sector lead partner at Mason Hayes & Curran, highlighted the crucial role of regulatory certainty in attracting capital. While Ireland’s policy frameworks are clear, delays in planning and grid connections are stalling investment decisions. “Alignment between State agencies, market operators, and private investors, along with appropriate incentivisation, can remove barriers and facilitate the development of viable projects critical to Ireland’s energy transition and security,” said Cassidy.
Infrastructure Delivery Frameworks
The conference will explore how policy and regulation can create practical frameworks for infrastructure delivery in electricity, gas, digital, and port networks. Panellists will present measures underway to accelerate execution, including EirGrid’s parallel planning processes and early procurement strategies.
Progress in Offshore Wind and Energy Storage
The Port of Cork Company is making strides with the construction of quay walls and assembly space at Cork Harbour, facilitating offshore wind deployment. Simultaneously, developers are progressing with energy parks and co-locating battery storage to maximise existing grid capacity.
Legal Developments in Energy Policy
Legal experts from Mason Hayes & Curran will also brief attendees on recent developments in grid connection policy and planning law, providing critical insights into the legal landscape affecting Ireland’s energy projects.
As Ireland navigates through its energy transition, overcoming infrastructure challenges holds the key to attracting investment and securing a sustainable energy future. For further insights, readers can access the original source at irishexaminer.com.
