21st April 2026
Minister for Enterprise, Tourism and Employment Peter Burke has announced the publication of the Powering Prosperity Final Implementation Progress Report, highlighting significant achievements made in developing a successful offshore wind energy industry in Ireland.
Ireland has set ambitious offshore wind targets to deliver secure, clean energy by harnessing our extensive marine resource and driving economic decarbonisation.
The Department of Enterprise, Tourism and Employment launched Powering Prosperity – Ireland’s Offshore Wind Industrial Strategy in March 2024, setting out to capture the value of the country’s offshore renewable energy supply chain and maximise the economic impact of Ireland’s renewable energy goals. Significant progress has been made over the Strategy’s lifetime, with 90% of the 40 actions outlined in the Strategy completed and a further 3 actions still in progress.
Highlighting the significant progress made to support the delivery of Ireland’s offshore wind ambitions, Minister Burke said:
“Powering Prosperity’s final Implementation Progress Report is an indication of the major efforts being made by Government, industry and wider stakeholders to ensure that Ireland is well positioned to achieve its renewable energy generation targets while maximising the economic impact of delivering an offshore wind energy sector of scale. Powering Prosperity successfully concluded at the end of 2025 having delivered, through 40 key actions, initial steps towards the development of a robust offshore wind supply chain, with an eye towards opportunities both at home and abroad in the development of offshore renewable energy.
The imperative to transition to clean, renewable energy such as offshore wind is of critical importance for our country in light of recent geopolitical developments, where we have seen significant impacts on both the cost and security of supply.
While work will continue to ensure many of the actions under Powering Prosperity have a sustained impact, my Department is already working on a successor strategy with a broader renewable energy system focus which will be delivered later this year.”
The progress report was launched today at a major annual wind industry event, WindEurope in Madrid, and included updates on actions such as the development of an Offshore Wind Centre of Excellence – Propel Ireland.
Propel Ireland, which is being led by Enterprise Ireland, was launched in March 2026 and will bring together bring together developers, SMEs, researchers and Government stakeholders to strengthen collaboration across the offshore wind ecosystem and accelerate innovation.
Many Powering Prosperity actions completed in advance of the first Implementation Progress Update in April 2025 are continuing to have real impact across Ireland’s growing enterprise base in the sector, with key updates reflected in the implementation progress report. Among those is a scoping exercise on the future development of Green Energy Parks, a piece of work which informed the Large Energy User Action Plan (LEAP), published by Government in January 2026.
In welcoming the publication of the Powering Prosperity Implementation Progress Report Minister for Climate, Energy and the Environment Darragh O'Brien said:
"Powering Prosperity’s final Implementation Progress Report is a clear signal of the momentum that is continuing to build in Ireland’s offshore wind sector. The past 12 months have seen significant progress towards delivering on Ireland’s offshore wind ambitions, including the successful conclusion of the State’s second offshore wind auction in December 2025, one of the only successful offshore wind auctions in Europe in 2025. The development of a National Designated Maritime Area Plan is also progressing at pace and will provide greater certainty for marine stakeholders and the renewables industry and allow for strategic forward planning for skills, enterprise and industry wide supply chain development.
Through the Offshore Wind Delivery Taskforce, the Department of Climate, Energy and the Environment will continue to work closely with industry, researchers, the public and colleagues across Government to accelerate and drive delivery and capture the wider and longer term economic and business opportunities associated with the development of offshore renewables in Ireland."
Timmy Dooley, Minister of State at the Department of Climate, Energy and the Environment, said:
"While domestically produced offshore renewable energy is clearly needed to ensure Ireland meets its climate action targets, achieving security of energy supply is equally essential to mitigate the impacts to both Ireland and Europe of the major geopolitical conflicts that are having a direct impact on the availability and cost of energy in Ireland and across Europe. To secure energy independence, Ireland and Europe must invest not only in domestic energy production, but also in the skills, technological leadership, and expertise required to deliver it.
It is clear that the robust, coordinated approach to industrial policy in the offshore wind and wider green technology sectors, initiated through Powering Prosperity, will continue to play a key role in accelerating renewable energy deployment in Ireland, while placing Ireland’s strong enterprise base at its core."
Work is underway on a green growth industrial strategy, which will be published later this year. Building on the strong, coordinated delivery of the actions under Powering Prosperity, and reflecting stakeholder feedback on the need to consider the wider renewable energy system, the new strategy will be designed to unlock the wider economic opportunities of the green transition.
For more information and to access the report visit enterprise.gov.ie.
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