Date: 25 January 2024
Time: 14:00 – 15:30
Venue: Online (via MS Teams)

About

Energy storage is one of the fastest growing segments within the power sector owing to the breadth of high value use cases, the speed of technological innovation and the pace of cost reduction in many technologies. The market has historically relied upon pumped storage however growth is currently dominated by battery energy storage solutions.

In Ireland, the sector is in a relatively early stage and requires significant uplift to support delivery of the 2030 and 2050 electricity system targets, and to capture the potential of Ireland’s renewable energy resources. In the context of the sector’s early stage development, there is a need to identify and grow the appropriate new skills and expertise to contribute to the development of a strong supply chain and workforce capable of growing the energy storage sector across the island of Ireland.

Green Tech Skillnet, in collaboration with Energy Storage Ireland (ESI) engaged KPMG to undertake an assessment of the investment and employment potential in the Irish energy storage sector.

The objective of the study was to explore the investment and employment potential for the energy storage sector in Ireland. In particular the report considers the following:

• To identify the potential for employment opportunities in Ireland, for example across grid, construction, advanced manufacturing, etc; 
• To identify key supply-side skills development needs such as research, training and development; and
• To quantify the overall contribution to, and alignment with, Ireland decarbonisation targets.

Agenda

• 14:00 - 14:05            Welcome & Speaker Introduction           
• 14:05 - 14:20            Introduction to the study and Ireland’s energy storage landscape
• 14:20 - 14:45            Overview of Charged Horizons report 
• 14:45 - 15:00            Introduction to GTS and training supports in the storage industry
• 15:00 - 15:30            Q&A

Presenter: Terence McGovern, Director, KPMG Sustainable Futures

Terence is a Director in KPMG Sustainable Futures and specialises in the decarbonisation of energy systems and corporate supply chains. He has a background in HV transmission, power generation, energy system modelling and trading with experience of the SEM, I-SEM, BETTA and DS3 markets.

Terence supports investor and large energy user clients better understand, and invest in decarbonisation solutions including power purchase agreements (PPAs), fuel switching, self-generation and energy storage solutions.