East-West interconnector to transform island-based energy market

The Co-Chairperson of the British-Irish Parliamentary Assembly, Joe McHugh TD, has said that the new East-West Interconnector linking the British and Irish energy grids will facilitate the growth of an Irish exports-based energy industry. He added that it will also transform Ireland's stand-alone energy system to an interconnected system with real access to an integrated European energy market.

Deputy McHugh commented, "This new East-West interconnector will transform Ireland's island-based energy system to an interconnected and integrated European energy market. The East-West Interconnector, which has capacity to transist enough energy to power 300,000 homes, gives this State the security of being able to import energy if necessary and price-effective.

"People's energy bills have been increasing and access to the European energy market will improve cost competitiveness.

"Access to the European market will enable Ireland to develop our abundant renewable energy resources for exporting onto the continent. The Government must now work with Irish entrepreneurs and communities to develop our onshore wind and biomass resources, and in time to develop offshore wind, wave and tidal opportunities. The delivery of community dividends must be a central objective of all energy industry developments.

"This country's universities and Institutes of Technology have pressed ahead with education in energy engineering. LYIT in Letterkenny is an example of a third level institute that is showing leadership and vision in this respect. Now that the infrastructure has been put in place, it is time for industry to use these physical and human resources to create jobs and boost production."

ENDS