News and Events

8 Mar 2024

Powering Prosperity – Ireland’s Offshore Wind Industrial Strategy has been Launched

Powering Prosperity – Ireland’s Offshore Wind Industrial Strategy, the first strategy of its kind for Ireland, aims to build a successful, vibrant and impactful offshore wind energy industry in Ireland, ensuring that the sector creates as much value as possible throughout Ireland and maximises the economic benefits associated with government ambitions to deliver its 2030, 2040 and 2050 offshore wind targets.

Powering Prosperity, which includes 40 actions that will be implemented in 2024 and 2025, was developed as part of close ongoing collaboration between the Department of Enterprise, Trade and Employment and other government departments and agencies within the Offshore Wind Delivery Taskforce (OWDT).

These actions aim to build a strong and resilient offshore wind supply chain in Ireland, as well as exploring opportunities for Irish companies to play a major role in the development of offshore wind projects in Ireland and abroad. It also explores opportunities to leverage Ireland’s existing strengths in RD&I, finding ways to support the sector to reach the cutting edge of future developments in offshore wind. 

The era of offshore wind represents a game-changing opportunity for communities right across Ireland and particularly around our coastline. Our key deployment and O&M ports can be major industrial hubs of the future transforming regions in the process.

A suite of policies related to the transmission of and demand for OWE and its derivatives also inform this Strategy including the Review of the National Ports Policy, which will be conducted by the IMDO on behalf of the Department of Transport. The National Ports Policy provides the overarching policy framework for the governance and future development of Ireland’s state port network and is an important piece of policy development given the role that ports are expected to play in the delivery of ORE.

Read the strategy in full HERE