3 minute read
Powering the future
Nordic-Irish collaboration on energy storage and the grid
By H.E. Lars Thuesen, Ambassador of Denmark to Ireland
The recent Nordic Talks on Energy Storage & The Grid in Cork highlighted the growing collaboration between Ireland and the Nordic countries in renewable energy. The sold-out event, co-hosted by Cork Chamber and the Nordic Embassies, brought together over 100 experts, policymakers, and business leaders to discuss how to build a stable and sustainable energy system. I extend my sincere thanks to Cork Chamber for making this event a success.
I have witnessed Ireland’s progress in its energy transition firsthand. Like Denmark, Ireland has abundant wind resources, and both countries are committed to reducing reliance on fossil fuels. And even on a cloudy day - believe it or not - solar energy is playing an increasing role in Ireland’s electricity production. However, harnessing renewable energy comes with challenges.
Denmark has achieved 100% electricity generation from wind power on certain days. When combined with solar energy, electricity prices can drop below zero, requiring payments to traders to offload excess energy. But when the wind does not blow and the sun does not shine, prices soar.
This is a global issue, but also a major business opportunity for both Ireland and Denmark. A key takeaway from the discussions in Cork was that the technology is ready - and will only improve in the near future. Effective energy storage and a resilient grid can mitigate price volatility and supply insecurity. There is no excuse - wind and solar can play an even greater role in energy supply without compromising grid stability.
Denmark’s experience shows that clear political commitments and interconnectors with neighbouring countries are essential for a renewable-powered grid. Strategic investments in storage will also be crucial in the coming years. Denmark and Ireland are at a pivotal moment, with significant opportunities ahead. There is no doubt that we can develop an energy system that is sustainable, resilient, and cost-effective.
The two panels at Nordic Talks emphasised the need for smarter policies to accelerate storage technology deployment, improve efficiency, and shorten project timelines. The expertise present reaffirmed my belief that Ireland and the Nordics have much to learn from each other. Our shared vision for a green future makes us natural partners.
The next step is to turn discussions into action - aligning investment, innovation, and policy to drive progress. Several Danish energy companies are already active in Ireland, and I am confident that more will establish a presence in Cork in the coming years. Ireland’s potential for offshore wind projects is immense.
At the government level, it is worth noting that Denmark will assume the EU Presidency in the second half of 2025, with a strong focus on implementing the Green Deal, among other key priorities. This is essential not just for climate goals but also for the EU’s global competitiveness. As Denmark’s experience shows, green energy and competitiveness go hand in hand. It is a winning formula.
