Oireachtas Joint and Select Committees

Thursday, 23 March 2023

Public Accounts Committee

2021 Financial Statements of Enterprise Ireland: Discussion

9:30 am

Mr. Leo Clancy:

We are very actively involved with our clients. In the past three days I spoke to two companies with ambitious plans in respect of green hydrogen alone. At the start of our strategy period, recognising exactly what the Deputy outlined, we set up a sustainability team. It brings together our sustainability companies in one area so that we can leverage their strengths for one another. The team also has a number of experts on it who are very accomplished in this area, including someone on offshore wind and someone who has worked in the European Commission on the green energy agenda, as well as a couple of very strong development advisers from our wider organisation. We have that focused team working on sustainability. We are also about to commence, in conjunction with the Department of Enterprise, Trade and Employment, the formation of an industry strategy for offshore wind and we will be contributing people to that.

The Deputy mentioned green hydrogen but the opportunities from that will be unlocked by offshore wind so the two are inextricably linked. In terms of those direct companies-----

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