Clean Energy Sector

Reliable and cost-effective energy supply is a common element underpinning the development of modern civilisations. Significant amounts of investment are now being directed at what is a new industry - the clean energy sector. Examples include:

  • According to the United Nations Energy Programme, investment in renewable energy in 2006 was US$71 billion, up 46 per cent on investment in 2005.
  • The Stern Report released in 2007 estimates that the market for low-carbon energy products will be worth around US$500billion by 2050.
  • Global carbon emissions trading worth $21 billion in 2006 (up from $10b in 2005).

Clean energy technologies include traditional renewable energy technologies such as wind, hydro-electricity, solar as well as wave, biofuels, geothermal and clean coal technologies.

An offshore wind farm
An offshore wind farm

People We Work With
Announcements
//  First CETO Desalination Grant Payment Received 08.05.2013
  • First Government grant payment received for CETO desalination pilot
  • Contract awarded for detailed design of desalination pilot
  • Planning has started to align desalination pilot construction with Perth Wave Energy Project
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//  CETO Wave Energy Ireland Licence Approved 06.05.2013
  • Wave energy Foreshore licence approved for West Coast Ireland
  • Site between Freagh Point and Spanish Point, Co. Clare.
  • Investigation activities expected to commence in 2013
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//  Carnegie Raises $9.5 million from SPP and Placement 19.03.2013
  • $8.5 million received from Share Purchase Plan
  • Commitments for further $1 million Private Placement received
    • Read more