Ireland to export wind power to UK homes

Updated: Friday, 25 Jan 2013 13:01

Irish and British ministers have signed an agreement to export wind energy from Ireland to power millions of homes in the UK.

Minister for Communications, Energy and Natural Resources Pat Rabbitte and his British counterpart, Ed Davey, signed the Memorandum of Understanding.

The initiative could secure economic benefits and generate employment opportunities for both countries.

Speaking on RTÉ's Morning Ireland, Mr Rabbitte described the memorandum as a "win win" development.

He said Ireland has the potential to generate more wind energy than its population could consume.

The minister said the agreement will enable Britain to buy some of this energy in order to meet mandatory EU targets on renewable energy.

He added that 18% of Irish energy is generated by renewable energy sources, and this will increase to 40% by 2020.

The initiative could secure economic benefits and generate employment opportunities for both countries.

It could provide 10% of the UK's 2020 renewable energy target and save British consumers £7bn.