Skip to content

Ireland’s Renewable Energy Costs Rise With Materials

  • Cost of new wave of renewable power to increase by about 32%
  • Renewables key to cutting reliance on expensive Russian gas
A wind farm near Arigna, Ireland. 

A wind farm near Arigna, Ireland. 

Photographer: Barry Cronin/Bloomberg

Corrected

Ireland’s next wave of green energy capacity will produce power costing almost a third more than previous projects, but will reduce the nation’s reliance on more expensive fossil fuels. 

The new solar and wind sites will increase capacity by about 20% as the government targets getting most of its power from renewable sources by 2030. That expansion is key to the European Union’s strategy to slash emissions and cut the bloc’s dependence on imported fossil fuels from Russia.