Economic Impacts of the Solar PV Industry in Ireland
Determining the economic and energy benefits of solar to Ireland requires careful study
Project Insights
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€56,700
Total Project Costs -
1 yr
Project Duration -
2015
Year Funded
Project Description
A policy study exploring the economic impacts of the solar pv industry in Ireland, notably through an assessment of an appropriate financing mechanism to support solar. The focus of the assessment is on security of supply, target contribution, local/regional economic growth and community impacts. This proposal aims to put forth methodologies to assess the benefits of solar, in the following key areas: The Irish Economy as a whole, energy security and targets, regional and local economies; rural economies, and communities and wider impacts. Critically this study aims to identify the finance mechanism(s) needed to support solar in Ireland, such that a balance is achieved between creating an attractive market and a competitive market. Guaranteeing that solar is a viable, long-term solution to meeting Ireland's renewable energy targets and growing energy demand is dependent on identifying a fair market price for solar, such that suppliers and users are attracted to the market.
Project Details
Total Project Cost: €56,700
Funding Agency: SEAI
Year Funded: 2015
Lead Organisation: Irish Solar Energy Association
Partner Organisation(s): N/A