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Mike Quinn is poised to take the chief executive role at Irish Water’s parent Ervia after being offered the job in recent days Bord Na Móna chief to take role at Irish Water’s parent Ervia
  • Energy & Resources
  • Barry O'Halloran
  • June 2, 2017, 06:00

Mike Quinn will replace Michael McNicholas at helm of State-owned holding company for both the controversial water utility and Gas Networks Ireland

Producing more renewable electricity when the wind blows comes at no additional cost to the producer, and the zero marginal cost of electricity from wind, when it is available, squeezes out more expensive electricity generated from gas or coal. Photograph: Krisztian Bocsi/Bloomberg John FitzGerald: The benefits of renewable electricity
  • Energy & Resources
  • John FitzGerald
  • June 2, 2017, 05:29

Necessary investments will be expensive but in the long run they will be cost effective

Stephen Swift, GE, Wilbur Ross, Secretary, US Department of Commerce, Vietnam Prime Minister Nguyen Xuan Phuc, Nguyen Viet Cuong, chairman of Phu Cuong, Pham Quoc Anh, GM Phu Cuong, Andy Kinsella, COO, Mainstream Renewable Power, Thang Bui Vinh, Mainstream Renewable Power Mainstream signs $2bn deal to build windfarms in Vietnam
  • Energy & Resources
  • Suzanne Lynch
  • May 31, 2017, 18:40

Eddie O’Connor’s renewable energy firm joins with US utilities giant GE on project

Michael McNicholas: Ervia has been searching for a chief executive to replace him. Photograph: Matt Kavanagh Bord na Móna chief Mike Quinn in running for Ervia role
  • Energy & Resources
  • Barry O'Halloran
  • May 31, 2017, 05:51

Irish Water’s parent says recruitment process ‘nearing completion’ though not finished

  Regent Street, London: consultant Bain forecasts growth of 7-9 per cent in luxury sales in Europe, and highlights the bright spots of the UK and Spain. Photograph: Simon Dawson/Bloomberg Global luxury goods market to grow by up to 4% in 2017
  • Energy & Resources
  • May 29, 2017, 20:55

Rising consumer confidence in Europe and China to bring luxury spending to €259bn

A forest in Kerry. Irish specialist software developer Treemetrics has won a €1.2 million contract from the European Space Agency to provide a system for tracking tree and forest growth. Irish firm wins €1.2m contract for system to track tree growth
  • Energy & Resources
  • Barry O'Halloran
  • May 29, 2017, 06:10

Cork-based software firm Treemetrics to provide system for European Space Agency

The PwC roadmap looks primarily to offshore wind to reduce emissions but admits that “offshore wind is relatively expensive”. Photograph: iStockPhoto Wholesale cost of electricity to rise by 11% in coming years
  • Energy & Resources
  • Peter Hamilton
  • May 24, 2017, 05:00

PwC says use of onshore wind technology will lead to electricity prices increase

Clontarf Energy chairman John Teeling. Photograph: Dave Meehan Straight talking at Clontarf
  • Energy & Resources
  • May 20, 2017, 06:36

Cantillon: Unloved exploration minnows need to deliver for shareholders

The company had 790,000 household and business customer accounts in the Republic and Northern Ireland at the end of March SSE Airtricity claims 17% of Irish gas and electric market
  • Energy & Resources
  • Joe Brennan
  • May 17, 2017, 09:32

Utility group writes down value of power stations in Offaly and Mayo

Miners working at the Galantas Gold Corporation’s mine, at Omagh, Co Tyrone. Photograph: Eric Luke Galantas expects to ‘shortly’ begin underground operations in Tyrone
  • Energy & Resources
  • Francess McDonnell
  • May 16, 2017, 17:21

Gold corporation reaches agreement with PSNI over anti-terrorist cover at mine

Aminex’s share surge in recent months has been driven by increased optimism around the prospects of its Ntorya gas project in Tanzania. UK fund unlocks 360% paper profit in Aminex deal
  • Energy & Resources
  • Joe Brennan
  • May 16, 2017, 16:59

Argos Capital Management converts warrants after oil and gas explorer share rally

Businessman Eddie O’Connor: his  company Mainstream Renewable Power has vowed to “move quickly” to develop a €2.33 billion wind farm off the Scottish coast.  Eddie O’Connor’s £2bn Scottish windfarm wins legal battle
  • Energy & Resources
  • Joe Brennan
  • May 16, 2017, 12:38

Scottish bird protection charity had objected to four wind farm projects

The willingness to prolong the cuts, aimed at easing a global glut, is likely to sway other countries to do the same Oil on longest rising streak in more than a month
  • Energy & Resources
  • May 16, 2017, 07:39

World’s two biggest crude producers to extend output curbs into 2018

Russia and Saudi Arabia between them produce about 20 million barrels a day of crude, equivalent to one-fifth of global consumption. Photograph: Sergei Karpukhin/Reuters Saudis, Russia say oil supply cut being extended to next March
  • Energy & Resources
  • May 15, 2017, 07:07

Oil prices jump close to 2% after world’s two biggest producers extend production cut

“Oil is the main factor leading a further drop in the Bord Gáis Energy Index this month, as sentiment sours and investors start to lose faith in Opec’s ability to reduce the global glut of oil and effectively curb supplies,” says Darragh Crowley of Bord Gáis Energy. Photograph: Finbarr O’Rourke Bord Gáis Energy Index slips 4%
  • Energy & Resources
  • May 15, 2017, 05:49

Oil drop further erases gains since Opec agreed deal to cut supply last November

Huntstown gas power station, operated by Energia Group, a unit of Viridian Group, in Huntstown, near Dublin. Photograph: Aidan Crawley/Bloomberg via Getty Images Viridian’s New York owners plot energy group stake sale
  • Energy & Resources
  • Joe Brennan
  • May 12, 2017, 05:55

Asian sovereign wealth and investment firms among interested investors in Viridian

Vayu energy efficiency manager Ciaran Gahan pictured at the launch of the company’s new fund Energy supplier launches fund that promises to cut customers’ bills
  • Energy & Resources
  • May 11, 2017, 16:50

Vayu’s fund will finance technology aimed at making energy usage more efficient

Two former Tullow Oil employees aim for a stock market listing for United Oil & Gas. Photograph: Simon Dawson/Bloomberg Former Tullow Oil employees seek UK listing through reverse takeover
  • Energy & Resources
  • Joe Brennan
  • May 9, 2017, 18:33

Dublin-based United Oil & Gas plan listing via London-quoted Senterra Energy

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