Global renewable energy developer, Element Power, has sign a deal with the National Grid UK to provide 3,000 megawatts of electricity to Ireland, creating 10, 000 jobs during project’s development and construction phase.
Electricity is expected to be transmitted through two subsea cables connecting wind power generated in the Midlands of Ireland to consumers in the UK.
The deal which is part of a series of projects exporting wind power could save UK consumers £7 billion over the project’s lifetime compared to sourcing the same energy from sea-based offshore wind farms.
Element Power said that the project would also result in the creation of an estimated 3,000 long-term operational and manufacturing jobs in the UK and Ireland.
Chief Executive Officer at Element Power Ireland, Tim Cowhig believes the project will bring substantial benefits to the economy and pave the way for more jobs in the building engineering industry.
Mr Cowhig said: “Greenwire is a particularly timely project which will enable the economy to harness our renewable energy resources to our economic advantage.
“Greenwire is the enabling project that will allow this to happen boosting our national trade and generating considerable employment and benefit to the Midlands region.”
The growing popularity of wind farms has seen an enormous boost for the renewable energy sector, creating more employment opportunities for engineers and trades professionals. It has been reported that the number of people working in this sector has grown significantly in the last two years.