13/05/2010

Power-up Marine Energy, Says Foster

There's power in the sea, and it should be harnessed for the good of NI.

That's according to the Stormont Enterprise Minister Arlene Foster who has encouraged the local renewables sector to build partnerships and take advantage of the multi-billion pound global marine energy market.

The Minister was speaking as she highlighted the strength of the local renewables sector to around 100 guests, including US investors and influencers at Stormont.

The delegation, representing the marine energy sector, travelled to Belfast as part of a US, Northern Ireland and Republic of Ireland Renewable Marine Energy and Smart Grid Workshop.

The event was funded by Invest NI and included a two-day workshop to profile the capabilities of the local marine energy sector to key players in this important and emerging sector.

It showcased plans to further integrate renewable energy sources into the single electricity network using the latest developments in Smart Grid technology.

Hosting the delegates at Parliament Buildings Arlene Foster said: "Northern Ireland’s renewables sector has the potential for significant growth as our geographic location and local capabilities offer mutual benefits.
News Image
"Global energy companies can access Northern Ireland’s technology, skills and advanced expertise, while local companies can build strategic partnerships which open up export markets."

Over recent years there has been a growing demand for the development of renewable energy. Invest NI provides businesses with support and advice to identify opportunities in wind, marine and bio-energy technologies.

Minister Foster said: "Using the latest technology, to increase the capabilities of our modern Smart Grid electricity network, is an important part of sustainable energy development to help maximise efficient energy consumption across domestic and commercial markets."

Northern Ireland's engineering and manufacturing firms are at the forefront of the sector, with many involved in developing innovative marine energy solutions.

The Minister added: "Of the three major UK marine projects operating, local companies have provided services to two, installing offshore wind and tidal turbines, which are linked to the national grid and integrating renewable energy into the electricity network.

"This marine energy workshop will provide a valuable opportunity to showcase the world-class capabilities and infrastructure that Northern Ireland has to offer.

"For local firms, it's a chance to learn more from potential inward investor multinationals, form partnerships and get involved in marine and Smart Grid activity," she said, this week.

(NS/BMcC)

Related Northern Ireland News Stories
Click here for the latest headlines.

28 April 2021
Arlene Foster To Step Down As DUP Leader And First Minister
Arlene Foster has announced she is to step down as DUP Leader and First Minister of Northern Ireland. She will stand down as DUP Leader at the end of May and First Minister at the end of June.
04 May 2021
Sir Jeffrey Donaldson Enters DUP Leadership Contest
Sir Jeffrey Donaldson has announced that he will be a candidate to succeed Arlene Foster as leader of the Democratic Unionist Party (DUP). NI's agriculture minuter Edwin Poots also declared his candidature last week. Mr Foster announced she is to stand down as leader at the end of May and as First Minister at the end of June.
04 May 2021
Date For DUP Leadership Election To Be Discussed
Democratic Unionist Party (DUP) officers are to meet today, 04 May, to discuss the date of its leadership election, according to reports. Stormont Agriculture Minister Edwin Poots and MP Sir Jeffrey Donaldson have put themselves forward to succeed Arlene Foster.
04 December 2020
NI Businesses Urged To Check Their 'Preparedness For The End Of Transition'
Businesses across Northern Ireland are being urged to check their preparedness for the end of the Brexit transition period.
03 December 2020
First Tree Planted In One Million Trees Campaign
Belfast Lord Mayor Alderman Frank McCoubrey has planted the first of One Million Trees as part of a joint pledge to plant 1,000,000 native trees across the city by 2035.