Climate emergency in Ireland
With increasing CO2 emissions, climate change is occurring at an exceptional pace. However, we can all play a role in reducing our impact on the climate and the development of renewable energy is the foundation upon which effective climate action can be delivered.
While we are still relying on costly and polluting fossil fuels to generate some of our electricity, people are now moving towards a low-carbon solution.
Energy Security
Statkraft is keenly aware of Ireland’s need to secure its own energy future.
There are a number of factors which can cause supply disruption, reinforcing the importance of utilising the clean, reliable energy sources we have here in Ireland.
Renewable energy sources not only reduce our reliance on imported, polluting fossil fuels but they also ensure security of supply through climate-driven disruptions.
In 2022, geopolitical instability highlighted our dependence on fossil fuels, as we saw significant volatility across the market. Having our secure energy supply can help shield us from global market energy price increases. For example, the below illustrates the difference wind energy can make to wholesale electricity prices.
Energy prices
Wind Energy Ireland’s Annual Wind Energy Report for March 2026 reveals just how much wind energy can reduce the price of wholesale electricity. During the windiest periods of the month, the price of electricity per megawatt hour was 47% lower than the least windy periods.
While according to Eirgrid's National Contril Centre, Ireland's grid-scale solar PV electricty generation has surpassed 1 GW in April, marking a new record of solar power generation for the country. (source)
