The Stormont Executive’s recent draft Programme for Government outlines its vision across the three key themes of people, planet, and prosperity.
And central to this is the mission to “harness the potential of a green growth economy.” By leveraging Northern Ireland’s existing strengths in renewables, we have an opportunity to position our region as a global leader in the green economy.
The region already has a wealth of expertise in renewables, and this combined with our strong legacy in manufacturing and engineering, leaves us well-positioned to lead with innovative solutions.
The challenge now lies in how we expand upon this expertise to fuel further growth, educate future generations, and reskill those in traditional industries for careers in renewables. Economy minister Conor Murphy’s recent suggestion of skills academies is a promising step in this direction.
By collaborating with policy makers, industry and academia, we can make positive strides towards a greener economy.
The Executive’s proposed ‘Green Growth’ strategy lays out a clear path to a sustainable future, supported by investments like the £15 million allocated to the Energy and Resource Efficiency Support Scheme.
Such investments into our indigenous renewables sector are vital and will only help boost economic growth and productivity.
As highlighted in the minister’s ‘Path to Net Zero’ action paper published in March, the global transition to net zero could unlock £1 trillion in opportunities for UK businesses by 2030.
Our region enjoys a strategic advantage with unique access to both EU and UK markets, an asset Minister Murphy continues to emphasise.
B4b Renewables, with a customer base across the UK and Ireland, recognises Northern Ireland’s potential to be a key player in the global shift towards net zero.
Considering recent economic shocks and rising energy costs, it’s more important than ever for businesses and the government to collaborate on sustainable solutions that ensure a smooth transition to a green economy.
At b4b Renewables, we’re committed to driving the transition through our work in solar generation and battery storage solutions. Our customer base spans commercial, manufacturing, and retail sectors across the UK and Ireland.
Earlier this year, we acquired a majority stake in Daly Renewables, with plans to create 20 new jobs over the next two years, further showcasing our commitment to the renewables sector in Northern Ireland.
One example is our Randalstown project with the Rural Housing Association, where a communal geothermal heating system provides 100% of the heating and water needs for the tenants. This project exemplifies how Northern Ireland can lead in decarbonising local heat networks and moving away from fossil fuels.
There’s never been a better time for businesses and the NI Executive to work together, leveraging our local expertise, technology, and natural resources to set a global benchmark for the green economy.
- Darren Lemon is managing director at b4b Renewables
