Delivering Ireland’s energy revolution

The global energy transition, pivotal to climate change mitigation efforts and for delivering secure and affordable energy for all, has made gradual progress in recent years. Despite this, alarm bells on global warming keep getting louder as countries are facing simultaneous pressures on all three pillars of the energy transition: economic development and growth, environmental sustainability, and energy security and affordable access. The Irish Government’s Climate Action Plan 2023 sets out a roadmap for taking decisive action to reach net zero no later than 2050. However, with delivery of actions from CAP21 often being delayed and Ireland’s history of missed renewable energy and climate targets, it is crucial that the focus now shifts from talk to action.

In the current environment of macroeconomic and geopolitical turbulence, we need a balanced energy transition. It is the responsibility of Ministers, key economic sectors and industries to demonstrate that they are on a clear path of action. This will mean a massive up-scaling in our switch to renewables; a dramatic change to our transport system and how we allocate our road space; ambitious home and business retrofitting and climate-based construction, and new innovative systems that will protect and support our family farms to diversify their income streams. It will also mean having a shared understanding that the transition is fair, and just, and that the costs are shared equitably. Individuals and communities must take more action to continue to be key drivers of the low-carbon transition. Active consumer engagement and participation are pivotal for effective demand-side management.

Climate action is not all about challenges, but about realising the opportunities that a clean, sustainable environment and society will offer in a way that is fair for everyone. Our expert speakers will outline the many exciting opportunities that arise from the transition to a carbon neutral society and economy. What are the investment trends in the low carbon energy transition? How can we de-risk clean energy investments to maintain capital flow? Given the outlook of higher interest rates to tame inflation, supply chain challenges, and rising commodity prices, might the cost-competitiveness of renewable energy projects against existing fossil fuel assets be affected?

Aimed at business leaders, policy-makers and investors, our event will explore how climate action matters translate into meaningful business decision-making and what it will take for responsible and resilient businesses to succeed in the long run.

So come along to the Energy Transition Summit, brought to you by Business Post LIVE and iQuest, to hear lively panel discussions, inspiring case studies and burning fireside chats from industry experts and thought leaders. Hear how we need to ramp up our ambitions to accelerate the actions that are required to respond to the climate crisis, putting climate solutions at the centre of our social and economic development. The numbers have been agreed. Now it’s time to deliver the actions for Ireland’s energy revolution.