Lack of supporting legislation lets GT Energy quit on Ireland
Irish geothermal developing company GT Energy has announced it will cease its efforts to develop geothermal power projects in Ireland due to the continuing lack of legislation supporting clean energy technologies in Ireland.
Reported this week, GT Energy that received planning permission for a 4 MW geothermal power project in Newcastle in Dublin in 2011, decided to lack of government support for clean energy technologies in Ireland.
The company had signed a deal to develop up to 50 MW of geothermal power generation capacity in Ireland in 2010 and recently announced big plans for the UK.
The company sees better conditions to pursue its geothermal ambitions in the UK than in Ireland.
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Source: Irish Examiner