Ibec, the group that represents Irish business, today welcomed Government’s new support scheme for renewable heat as an important step in the decarbonisation of our national heating system and the delivery of a low carbon economy.
Ibec’s Senior Energy Policy Executive Conor Minogue said: “ In our pursuit of a low carbon economy, the decarbonisation of our heat system presents an enormous challenge. While we have seen great progress in the power sector, the deployment of renewable heat technologies has been poor. At present, only 6.8% of energy consumed in the heat sector is renewable and Ireland will most likely fall short on its binding 16% EU renewable energy target for 2020. This could expose Ireland to significant financial liabilities.
“This new exchequer-based support scheme will provide a much needed incentive for businesses wishing to transition over to renewable technologies like biomass boilers, heat pumps, and anaerobic digestion. The scheme will also help Ireland meet its EU obligations and reduce the country’s exposure to penalties and the need to purchase scarce renewable energy credits from other member states.
“This is however just the beginning. Ibec would like to see the scheme expanded significantly in the near future both in terms of budget and scope.”