Oireachtas Joint and Select Committees

Tuesday, 8 March 2022

Joint Oireachtas Committee on Climate Action

Energy - Ambition and Challenges: Discussion (Resumed)

Mr. David Owens:

My personal opinion is that it will not. Significant money is looking for renewable energy opportunities at present, both domestically and internationally. I know from previous experience working with some of the multinational development banks that they are extremely interested. The European Investment Bank, EIB, is Europe's climate bank in which there are considerable opportunities. There are also significant pent-up savings in Ireland that can be used to meet some of these goals. In short, I hope it will not slow down the development of our own resource.

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