Ireland signs as Founding Member of International Renewable Energy Agency
“Renewable Energy will bring thousands of jobs and investment into Ireland” – Minister Ryan
Dublin, 26th January
Energy Minister Eamon Ryan today announced that Ireland has signed up as a member of the International
Renewable Energy Agency (IRENA) at the Founding Conference in Bonn. IRENA will be the first international
organisation to concentrate exclusively on renewable energy in both developed and developing countries.
Its establishment has been promoted by the German government with the strong support of such countries
as Denmark and Spain.
“IRENA will promote the widespread and sustainable use of renewable energy worldwide – it is vital that
we are involved”,said Minister Ryan. Renewable energy can bring much needed international investment into
Ireland,adding secure jobs into the bargain.It is the area of economic growth that we need to be involved in.
In 2008, we sent approximately €6 billion overseas for imported fossil fuels to meet our national energy
demands.Renewable energy will reduce this bill.
Ireland has the natural advantages, Government support and a willing industry ready to meet our target of
40% electricity from renewables over the next 11 years. As a member of IRENA, we can link directly to the
worldwide investment of more than $148 billion in this sector,creating opportunities for Irish companies,
both existing and emerging. In energy terms, we are nothing if we stand alone.
The foundation of this Agency puts renewable energy on a firm inter-Governmental footing. This is a sector as
much in our economic interest as to our environmental benefit.
"It is the right strategic direction for the world and is most definitely the correct move for Ireland."