20 June 2019
Pinergy, the smart energy provider, has broadly welcomed the Government’s publication this week of its ‘Climate Action Plan 2019 to Tackle Climate Breakdown’ but is now calling for innovative funding solutions to be put in place in order to meet the targets and goals outlined in the report. Pinergy is also calling for more focus on cost effective sources of renewable energy generation, and the contribution that a reduction in energy consumption would have on the environment.
Reacting to the Climate Action Plan 2019, Pinergy looks forward to helping build on the recommendations and the 183 actions highlighted in the report. However, Pinergy cites the need to be more specific on actual deliverables, timelines, funding supports and incentives that will bring about desired changes in behaviour for homes, businesses and farms in the future. Today, a lack of funding options is the reason that many energy efficiency projects simply don’t get off the ground.
To meet the 70 per cent renewable energy target by 2030 will require more cost-effective generation of renewable energy and competitive pricing for energy suppliers. While the report highlights that the demand for electricity will increase by 50 per cent, there is little attention given in the report to the possibilities and contribution that a reduction in energy consumption and demand would have on the environment.
Pinergy points to its smart energy technology as the tool to empower the ‘energy citizen’ to more easily monitor and track their energy usage, getting instant real-time visibility on energy costs. Through more active engagement and efficient usage in their energy consumption, many of Pinergy’s customers have already significantly reduced their consumption and have enjoyed savings of over 20 per cent from switching to its smart meter based technology in year one.
A significant amount of homes and businesses in Ireland are still powered by fossil-fuels, including oil and gas, which is not a sustainable long-term solution. Incentives and government funding to retrofit 500,000 homes and businesses are key to encouraging home and business owners to change their heating solutions and take advantage of new technologies such as heat pumps. Funding and pay back periods remain a key stumbling block in Ireland in relation to both retrofits and microgeneration projects.
Speaking in relation to the Government’s commitment to having an additional 950,000 Electric Vehicles (EV) on the road by 2030, Philip Connor, Head of Energy Services at Pinergy said: “The migration of the nation’s private and public vehicles to electricity and other sustainable energy sources is very welcome. This target is significantly up from an estimated 8,000 expected to be registered by 2020.
“However, Pinergy believes that the focus on the charging points of these vehicles needs to shift from being placed in already congested areas to incentivising locations at home or at place of work which would encourage charging at times of lower electricity demand. ‘Pinergy Drive’ offers drivers the ability to charge their electric vehicle from the comfort and convenience of their home with complete energy solution packages. At Pinergy, we provide the latest EV fast charging points designed for both homes and workplaces.” he said.
Having recently announced that it is now providing 100 per cent of its electricity from renewable energy sources including wind, solar and hydro power, Philip Connor from Pinergy says that the company, its smart energy technologies and their customers are well positioned and ready to play their part in meeting the challenges our society now faces with regard to climate change and building a sustainable energy future.