02/04/2014

Energy Project Launches At Titanic Belfast

A total of £2.9m of financial assistance from the European Union has been injected into a new research project that will examine how wind energy is stored and managed.

The SPIRE energy project was launched at Titanic Belfast today and will see researchers from the University of Ulster and Dundalk Institute of Technology (DkIT) examine the likely market scales of different capacities of wind energy storage on an all-Ireland energy market.

Enterprise, Trade and Investment Minister Arlene Foster said: "This is a very worthwhile project that will examine the way in which we control and store electricity across Northern Ireland and Republic of Ireland.

"This will help to support the development of the renewable energy sector and contribute to our ambitious targets as outlined in the Strategic Energy Framework, as well as reducing reliance on more expensive and limited natural resources."

Professor Richard Barnett, Vice-Chancellor, University of Ulster, added: "This latest Ulster research project, which is benefitting from valuable INTERREG support and collaboration with DkIT, has the potential to make major progress in the evolving all-island energy market, delivering technological advances which could have international impact."

(IT/JP)

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