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Energy and Chemistry
Over the next four decades, the energy sector will face one of the most important challenges in its history.
The Irish Government is tasked with reducing CO2 emissions significantly over the next number of years.
To achieve these targets, Ireland will undergo a transformation to cut emissions from power generation and heavy industry, transport, homes and communities, workplaces and jobs, farming and land and waste management.
The biggest challenge will probably be faced by the power generation industry, which will have to increase the share of renewables and nuclear sources, and by the heavy chemical industry which will have to reduce their CO2 emissions significantly.
BOC understands the challenges ahead. We are equipped to support both sectors with innovative solutions to help Ireland's transition into a low carbon economy.
- Chemicals manufacturing is at the heart of Ireland's manufacturing industry. Read more about chemicals
- The aging current capacity, the low investment in increasing that capacity in the last 20 years, and the government commitments regarding electricity generation from renewable sources have all played a part in making power generation one of the energy sectors likely to receive the highest levels of investment in the next 10 to 20 years. Read more about power generation
- As Ireland's natural gas production gradually reduces and the country's reserves dwindle, the requirement to import natural gas will become more prevalent. Ireland faces two challenges to meet its significant natural gas demand. Read more about natural gas import and storage
