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Sustainable Energy Sector to Treble by 2020

Analysis by the Sustainable Energy Authority of Ireland (SEAI) of the economic and enterprise benefits of the sustainable energy sector, states that over 20,000 jobs can be created within the sector over the next eight years to 2020. The figures were announced today by SEAI at its annual Energy Show in the RDS, which showcases the very best in sustainable energy products, services and innovations, as well as offering networking opportunities for professionals in the energy sector.

Currently 10,000 jobs are supported in the sector which has the potential to treble by 2020 by creating and supporting jobs, not only directly in renewable energy and energy efficiency (13,000 jobs), but also indirectly by enhancing business competitiveness (7,000 jobs).

Speaking at the official opening of the Energy Show today, the Minister for Communications, Energy and Natural Resources, Pat Rabbitte, T.D., said: “Sustainable energy is becoming the norm in Ireland and with that change comes many economic opportunities and jobs. Irish enterprises adopting sustainable energy practices are reducing costs, becoming more competitive, securing jobs and as a result are delivering real benefits in all sectors of our economy. “

Commenting, Professor J. Owen Lewis, Chief Executive of SEAI said: “The sustainable energy sector offers significant benefits to Ireland, including; creating jobs, increased competitiveness and future proofing against upward price trends. The transition to sustainable energy is well underway, but the pace needs to accelerate for Irish society to truly benefit. Ireland has significant and growing strengths in the areas of energy efficient and renewable energy technologies; now business and policy makers must work together to deliver on the export potential that exists within these key areas.”

At the Energy Show, Minister Rabbitte also launched an impact report on Better Energy Workplaces 2011 which showed that the state’s €11 million investment to support 85 organisational energy upgrades, will be repaid in energy savings in one year.

4,000 people from the energy sector are expected to attend this year’s Energy Show, themed, ‘Open up to Smart Energy Solutions’, to showcase the diversity of energy efficiency and renewable energy technologies available. This year’s event sees the addition of the Enterprise Europe Network, offering delegates one-to-one business meetings in an effort to build Irish enterprise and business abroad.