Progressive Democrats energy spokeswoman Fiona O'Malley has claimed that Ireland could become a net exporter of power if sustainable energy production methods are embraced.
She was speaking at the publication of a PD discussion document on energy that points out Ireland is particularly exposed to potential energy disruption because almost 90 per cent of our energy supplies are imported - the highest level in our history.
"Ireland could potentially become an exporter of energy in a 15 to 20-year time frame if the proper investment is put in place," said Ms O'Malley.
The PDs are advocating the energy equivalent of the National Car Test for all commercial buildings over 5,000 square metres to ensure all heating and cooling systems were operating at optimum levels. Ms O'Malley suggested such a measure could cut the costs for individual buildings by 20 per cent.
She said that Ireland has no choice but to act now as failing to tackle carbon emissions will further fuel global warming and attract fines from the EU. "The era of cheap oil is now well and truly over," said Ms O'Malley.
The discussion document proposes a seven-point action plan to achieve energy self-sufficiency. It includes the promotion of renewable energy, the use of biofuels for transport, conservation, the development of an all-Ireland energy market, the rapid development of the Corrib gas field, and in increase in oil stocks.
The paper points out that Ireland has the best climate in Europe for the production of bio-mass crops and that their production could be a viable alternative for farmers who are growing sugar beet.
Ms O'Malley also defended the fact that the coalition government does not have a published energy policy and said one would be published within six months.