Sir, – Contrary to the insinuation of Cantillon ("NCC becomes a force in wind energy debate", December 4th) that the wind sector will be stung by the comments of the National Competitiveness Council (NCC), we in the National Offshore Wind Association of Ireland (NOW Ireland) agree wholeheartedly that Ireland should undertake a cost-benefit analysis of energy policy options before it commits to 2030 emissions targets.
Government policy is that Ireland will meet its renewable energy targets from onshore renewables and that offshore wind is only available for export. This provides Ireland with the opportunity for it to develop a new indigenous export sector based around offshore wind which ultimately could rival agri-food and tourism. Such export would happen at no cost to the exchequer as the price support is paid for by the importing country.
Ireland is in the fortunate position of having strong offshore winds, shallow water and favourable sea bed conditions. This gives a cost advantage over most of our European peers.
After this it is a question of supply and demand. If Europe or the UK want our renewable energy, we sell it to them, starting with the export of our offshore wind.
The State will benefit in a number of ways. Jobs will be created from the construction of the windfarms and through longer term operation and maintenance. The State will receive a lease fee for the rent of the foreshore. The State will generate substantial revenues from corporation tax, employment taxes and other taxation instruments, while also stimulating a supply chain.
Finally, it will also help improve Ireland’s balance of payments. Any risk lies with the industry and investors.
The Irish offshore industry would welcome a cost-benefit analysis which, we believe, will show the true potential for Ireland from the development of an offshore resource which is among the best in the world, a resource which is currently being wasted. All that is required to make it happen is for the Government to confirm that it is seeking to develop this resource. – Yours, etc,
BRIAN BRITTON
NOW Ireland,
2 Marine Court,
Blackrock,
Co Louth.