The wind farmers sell on the electricity to the big electricity companies, who have the potential to reap enormous profits. Under the REFIT scheme, big electricity companies are under no obligation to pass on any of these profits to electricity customers in the form of reduced bills.
Library filed under Energy Policy from Ireland
Last week the Irish Academy of Engineering (IAE) called for a halt on a proposed €30bn spend on the national energy infrastructure so that a proper assessment of future energy needs as well as the economic benefit of the massive investment in renewable power could be addressed. ...Plans are now afoot to deliver up to 7,800 MW of wind power on the island of Ireland, with a mixture of onshore and offshore projects in the pipeline. It may well help reduce our carbon emissions, but at what cost?
The developer of one of the most ambitious wind farm developments in Ireland has expressed frustration at the planning process for renewable energy projects. Brian Britton is co-founder and managing director of Oriel Windfarm, which hopes to build an offshore wind farm with 55 turbines off the north-east coast close to Dundalk. The project has been under development for four years and is at the final stage of the planning process.