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12/7/08

TimesOnline: Think tank: A high energy solution - IvorShvets

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A high energy solution - IvorShvets

Ireland has to generate more than 95% of its energy from imported fossil fuels. This arises from our geographical and geological position as a rocky outcrop in the Atlantic Ocean, where fossils fuels could not accumulate to any great extent. But our location is a great asset in terms of power generation. Along with Scotland, Ireland is among the most favourable locations in Europe for wind-power generation. Power-generating technologies must be cost effective and economically viable for the consumer. “Clean” coal-, gas- and oil-fired power plants and large wind farms can all produce energy for €0.08-0.15 per kwh. Solar energy can realistically be generated for €0.40-€1 per kwh, depending on location. But there are no figures for wave-generated energy, perhaps because no generating stations are operational at the moment.

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