Economic and employment impacts of offshore wind for Ireland: A value chain analysis

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Date
2020-07-13
Authors
Kandrot, Sarah
Cummins, Val
Jordan, Declan
Murphy, Jimmy
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Taylor & Francis Group
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Abstract
The imminent development of a number of offshore wind farms in the Republic of Ireland presents a sizable opportunity to stimulate the Irish economy through the growth of an indigenous and globally competitive offshore wind supply chain. This study uses a value chain analysis to evaluate the economic and employment potential of the offshore wind sector for Ireland. The analysis is based on the expenditure on products and services required to develop an offshore wind farm, the planned capacity of projects in the pipeline, and the ability of Irish companies to supply the sector. Results suggest that by 2030, 2.5–4.5GW of domestic offshore wind development could create between 11,424 and 20,563 supply chain jobs and generate between €763 m and €1.4bn in gross value added. This is the first study to estimate domestic GVA potential for the sector.
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Keywords
Economic impact , Employment impact , Ireland , Ocean energy , Offshore wind
Citation
Kandrot, S., Cummins, V., Jordan, D. and Murphy, J. (2020) 'Economic and employment impacts of offshore wind for Ireland: A value chain analysis', International Journal of Green Energy. doi: 10.1080/15435075.2020.1791874
Copyright
© 2020, Informa UK Limited, trading as Taylor & Francis Group. All rights reserved. This is an Accepted Manuscript of an item published by Taylor & Francis in International Journal of Green Energy on 13 July 2020, available online: https://doi.org/10.1080/15435075.2020.1791874