Oireachtas Joint and Select Committees

Tuesday, 19 November 2013

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht

Heads of Maritime Area and Foreshore (Amendment) Bill 2013: Discussion (Resumed)

12:25 pm

Mr. Harvey Appelbe:

I like to manage expectations. Vattenfall has already tried to come in here. We set up a company in the expectation that we could start these projects. We have already invested quite a lot and wasted the money, because we were waiting for too long and could not get anything done. A lot of investment already goes into Scotland and we have tried to invest in Ireland. That is not to say that we are nearly at the stage equivalent to onshore wind. In our opinion, it will take decades before it is at that level, but it will take an awful lot of economic activity to get there. All of that economic activity could benefit Ireland, as long as it happens in Ireland. However, I would manage expectations as it will take some decades before it is competitive with onshore wind.

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