Powering Prosperity – Ireland’s Offshore Wind Industrial Strategy Implementation Progress Report

This report outlines the status of each of the Offshore Wind Industrial Strategy’s 40 actions, providing detail on progress made to date.

Powering Prosperity – Ireland’s Offshore Wind Industrial Strategy was published by the Department of Enterprise, Trade and Employment (DETE) in March 2024, aiming to build a successful, vibrant and impactful offshore wind energy industry in Ireland, ensuring that the sector creates as much value as possible throughout Ireland and maximises the economic benefits associated with government ambitions to deliver its 2030, 2040 and 2050 offshore wind targets. Powering Prosperity includes 40 actions to be implemented by the end of 2025 to support the growth of the budding Irish offshore renewable energy industry. 

The strategy’s 40 actions cross its four main pillars:

  • Offshore Wind Supply Chains
  • Research, Development & Innovation
  • Balanced Regional Economic Development Opportunities
  • Future Demand and End Uses for Renewable Energy 

The strategy set out an intention to publish progress reports, beginning in 2025. This report outlines the status of each of the strategy’s 40 actions, providing detail on progress made to date. Of the 40 actions, 38 are complete or in progress. Of these, 11 have been delivered as set out in the strategy, with a further 3 completed by alternative means, or insofar as possible. A further 24 are currently in progress, though 5 of these are delayed. Of the final 2 actions, 1 is not yet initiated, and 1 will not be completed due to external circumstances.

Topics: The Business Environment, Offshore Wind Energy