Japan sees 2012 LNG demand rise by 20Mt

The development of an electricity grid connecting Scotland and Ireland could provide benefits for the economies of both countries, according to a new EU-funded report, “Irish-Scottish Links on Energy Study.” The document said the link would drive further growth in renewable energy, offer future energy security and generate revenues.

After the report’s launch on Wednesday, Minister for Communications, Energy and Natural Resources Pat Rabbitte said it was further proof of the potential offered by renewable energy. “With a sea area that is almost 10 times the size of our land mass, Ireland has an abundance of ocean renewable energy resources, potentially a multiple of the energy requirements of our own system,” he was quoted as saying in the Irish Times. “By co-operating with our neighbouring administrations, we can work together to create a viable market for these resources, initially across our own islands but in time to continental Europe.”