Powering Prosperity – Ireland’s Offshore Wind Industrial Strategy

Powering Prosperity – Ireland’s Offshore Wind Industrial Strategy, the first strategy of its kind for Ireland, aims 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, which includes 40 actions that will be implemented in 2024 and 2025, was developed as part of close ongoing collaboration between the Department of Enterprise, Trade and Employment and other government departments and agencies within the Offshore Wind Delivery Taskforce (OWDT).

These actions aim to build a strong and resilient offshore wind supply chain in Ireland, as well as exploring opportunities for Irish companies to play a major role in the development of offshore wind projects in Ireland and abroad. It also explores opportunities to leverage Ireland’s existing strengths in RD&I, finding ways to support the sector to reach the cutting edge of future developments in offshore wind. In the longer term, the strategy will consider routes to market for Ireland’s abundant clean renewable energy, as well as assessing regional development opportunities in areas central to the production of offshore wind energy.

Topics: The Business Environment, Offshore Wind Energy