Putting our faith in renewable energy

In a week that saw the end of our international bailout and a return to the international markets, there was more good news yesterday with the announcement of a new energy research centre for Cork.

The €29 million research centre, which will work on developing cutting-edge energy technology, is a major investment and, just like exiting the bailout, a signal to international investors that Ireland is a good place to do business.

If successful, it could have huge economic benefits for future generations and could place Ireland to the forefront of the marine renewable energy research sector worldwide.