Energy minister Eamon Ryan has announced that the government plans to recoup some of the profits big electricity generators have made through the EU's emissions trading scheme.
Over Eur1 million per week in energy retrofit grants are currently being paid out by the Sustainable Energy Authority of Ireland (SEAI), a government official has said.
Figures released from Sustainable Energy Ireland reveal that over 100,000 Irish homes have had Building Energy Ratings completed to date, the majority of which were completed since January 2009, the first year for full implementation of the BER scheme. Introduced in 2007 as a requirement of the EU Directive on the Energy Performance of Buildings, the rate of BER publications has steadily increased in 2009, averaging 300 per day, Which Sustainable Energy Ireland indicates an increasing awareness of and compliance with the legislation.
Energy Minister Eamon Ryan today announced the extension of the Accelerated Capital Allowance Scheme. The Scheme, detailed in the Finance Bill, allows companies to buy energy efficient equipment and write off its full cost against corporation tax in the year of purchase.
The retail and telecoms sectors were the big winners at Sustainable
Energy Ireland's sixth annual awards in Dublin last Friday, with Dunnes
Stores, Heatons, O2 and Eircom each taking awards at the all-island
event.
The awards aim to highlight "excellence in business energy management", and this year included entries from over 100 organisations.
Ireland risks social and economic disaster from climate change unless the government takes urgent action, according to the Irish Academy of Engineers.
In a new report the group says delivering critical infrastructure must be prioritised, otherwise the country risks polluted drinking water, extensive flood damage and power blackouts.