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Energy Trading Agreement Will Strengthen Relationship between Britain and Ireland
Added 25-Jan-2013
The Co-Chairman of the British-Irish Parliamentary Assembly, Mr Joe McHugh TD, has welcomed the signing of a Memorandum of Understanding between Minister for Communications, Energy and Natural Resources, Mr Pat Rabbitte TD, and UK Secretary for Energy and Climate Change, Ed Davy allowing Ireland to export wind-generated electricity to Britain.
“The signing of this new Memorandum of Understanding which opens the door for the export of wind-generated electricity to Britain is extremely positive. The deal strengthens the relationship between Britain and Ireland while offering the potential of significant employment opportunities here.”
“Ireland is uniquely positioned to take advantage of the international energy market as we can create far more energy than we consume domestically. This new deal will pave the way for the creation of thousands of direct and indirect jobs in the energy sector. This is also good news for Britain and will potentially mean cheaper electricity prices for UK customers.”
“The energy sector is an excellent example of how Britain and Ireland can build on years of successful cooperation to deliver agreements which are mutually advantageous for people living on each of our islands.”
ENDS/