A Foreword from Pinergy CEO, Enda Gunnell

Ireland stands at a critical juncture in its energy evolution. This report, produced by energy transition specialists, Wood Mackenzie in collaboration with Pinergy, offers a comprehensive perspective on Ireland’s energy transition, and the critical role that electricity and renewables must now play in our country’s energy transformation.

The past few years have been marked by unprecedented turbulence in the energy market, a stark reminder of the urgent need to establish a resilient, secure and sustainable energy future. While we have seen some welcome moderation in wholesale energy costs, they remain considerably higher than the levels we experienced before the recent energy crisis, leaving Irish consumers and businesses in a position of continued vulnerability. This situation demands a proactive and comprehensive strategy to safeguard energy security and affordability at levels of Government, Industry and Households.

Our Energy Transition Outlook report outlines where Ireland has made progress in recent years but also shines a light on the investment and delivery gaps between the State’s energy commitments and demand forecasts and where we are today on the energy transition journey. Importantly the report benchmarks Ireland’s performance to date with other countries and identifies specific actions that can be taken to accelerate Ireland’s energy transition mission.