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Fine Gaels green credentials .. do you trust them?

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  • 30-05-2009 2:52pm
    #1
    zod
    Closed Accounts Posts: 2,025 ✭✭✭


    Looking at the Fine Gael 18 point rescue plan

    "Unlike this government, Fine Gael has produced a detailed and radical policy programme called ‘Rebuilding Ireland’, containing a visionary E11 billion investment programme which will see significant State intervention
    to rapidly promote more sustainable energy and transport sectors while bringing telecommunications into the 21st Century. Our plan, launched last March, will not merely change the country’s direction and invest in the
    green economy, but will create 100,000 jobs as we turn Ireland into a low carbon economy."

    Taken from the rebuilding Ireland pdf

    Smart Grid
    NewERA will establish “Smart Grid” (ESB Networks restructured and split off from
    the ESB Group) that will invest an additional €3.3 billion (over and above existing
    investment plans) between 2010 and 2013 to develop a 21st century "smart grid" –
    encapsulating all the engineering,     energy storage, digital and commercial
    developments needed to facilitate much higher penetration of     renewables, micro
    generation     (from the home, business and farm), "smart" home appliances to reduce
    peak demand and the introduction of electric cars on Irish roads.
    Smart Grid will deliver a smart electricity meter to every home, business and farm by
    2013. These bi-directional meters, which will allow information to be sent to and
    from the home, will allow customers to:
    • Sell electricity to the network that has been generated by customers through
    micro-generation units such as small wind turbines designed for home use.
    • Make savings to their bills through real-time information on electricity use, and by
    giving customers and/or their supplier the ability to programme devices to switchoff
    at peak times, when electricity is most expensive. Smart meters will likely
    reduce annual bills by several hundred euros.
    In combination with the private sector,     SmartGrid will be responsible for rolling out
    the software and charging infrastructure necessary for an electric car network, and
    will assume responsibility for building-up the additional electricity storage capacity
    (batteries, pump storage, etc.) required for a big expansion in the share of renewable
    sources of power in our national energy use.
    The     SmartGrid investments in the network outlined above will be paid back over 30
    years (the lifetime of the assets), through the normal pricing mechanism for
    customers, suppliers and providers of power. The financial logic of the investment is
    to steadily redirect the current €6 billion annual bill for imported fossil fuels for
    transport, heating and power production towards domestic producers of renewable
    energy.


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