Danger Zone: Ireland’s emissions pathway

The Department of Communications, Climate Action and Environment (DCCAE) released the terms and conditions for the Support Scheme for Renewable Heat (SSRH) on 7 August. DCCAE has recently been active in the environmental space, announcing the following since the beginning of June: €500 million Climate Action Fund; Sectoral Planning Guidelines for Climate Change Adaptation; Cabinet approval of the Renewable Energy Support Scheme (RESS); Sectoral Planning Guidelines for Climate Change Adaptation; and €453,000 of department funding for Local Environmental Initiatives. The Sustainable Energy Authority of Ireland (SEAI) also announced a domestic solar grant.

These announcements followed an Environmental Protection Agency (EPA) forecast in May that Ireland would barely make a dent in its overall emissions by 2020 on 2005 levels. Earlier in the year, the Climate Action Network (CAN) ranked Ireland second-worst among European Union nations for action on fighting climate change.

In this week’s blog, we consider Ireland’s performance against a range of relevant energy and climate oriented indicators.

Related thinking

Heat networks

Reallocating electricity policy costs to incentivise low carbon heating technologies

Funding the cost of decarbonising the power system has mainly been through the consumers' electricity bills. In fact, in 2020-21 these costs amounted to a whopping £10bn. But is this method of raising revenue for decarbonisation still fit for purpose when faced with the need to decarbonise the nation's heat?...

Net zero corporates and ESG

Get ready for climate risk reporting?

On 30 April we released the latest copy of our Energy net zero. The publication takes an in-depth look at the UK's transition to a low carbon economy. The below is an extract from our Energy Perspective on Task Force on Climate-related Financial Disclosure (TCFD). The article was originally published in the...

Energy storage and flexibility

How nuclear energy can help the UK reach its net zero goals

This article was originally written in Energy Spectrum on 21 March 2021. To find out more about a subscription to Energy Spectrum, please contact Nick on n.palmer@cornwall-insight.com. There are several challenges to reaching net zero, where its proponents believe nuclear could add value. Some of tomorrow’s main issues concern: How to provide low...

Commercial and market outlook

Heat pumps and peak power demand in North-West Europe in 2030

In March Cornwall Insight launched its new Energy Spectrum Europe publication in collaboration with the Institute of Energy Economics at the University of Cologne (EWI). Below is an extract of our Energy Perspective article from our latest issue, written by Nils Namockel from EWI.  Heat pumps powered by green electricity...

Regulation and policy

Answers to some FAQs about Brexit

Following the end of the transition period on 31 December 2020 and the signing of the Trade and Cooperation Agreement, aspects of the relationship between UK and the EU in respect of the arrangements for energy trading and cooperation have changed. We set out answers to some Frequently Asked Questions...

Low carbon generation

Let markets run or regulate to accelerate: a false choice or key net zero decision?

Earlier this week Cornwall Insight convened a group of industry leaders from across the energy and investment space to discuss business preparedness for net zero, and what more can be done to unlock capital to make net zero a reality. The session, hosted by our non-executive chairman Volker Beckers, is...

Net zero corporates and ESG

Major energy policy and regulatory changes discussed in our December Net Zero Business forum

On 10 December 2020, Cornwall Insight hosted its Net Zero Business Forum. Held four days before the release of the UK government’s Energy White Paper, the focus was on the Prime Minister’s 10-point plan, the Spending Review and the National Infrastructure Strategy. Head of Relationship Development Robert Buckley and Head...

Commercial and market outlook

Divergent electricity prices in the wake of Brexit

On 1 January 2021, the UK left the European Union (EU) and as such is no longer part of the Internal Energy Market (IEM). While the UK and the EU agreed a post-Brexit Free Trade Agreement (FTA) on 24 December, outlining how energy markets, interconnectors and regulation will be affected,...