Oireachtas Joint and Select Committees

Tuesday, 22 October 2019

Joint Oireachtas Committee on Agriculture, Food and the Marine

Harnessing Ireland's Ocean Wealth: Marine Co-ordination Group

Mr. Martin Finucane:

There is engagement from both Enterprise Ireland and IDA Ireland in terms of looking at these new technologies. I have had several meetings with them recently to look at new technologies. We are also very engaged with the industry associations in examining ways to ensure that we are maximising Irish input into this new and emerging sector. I outlined earlier the scale of investment over the course of a decade. Even if we could capture relatively small percentages of that overall figure, there are still potentially enormous amounts of income to be earned for Irish companies and particularly Irish ports that would be close to where wind farms will develop. It is a big and growing market in which there is a lot of interest and we are fully aware of that.

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