H&W boss: Ireland must close critical gap in gas storage | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 71%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

H&W boss John Wood says Ireland must close critical gap in gas storage – LorcanAllen reports.

John Wood, chief executive, Harland & Wolf: ‘We need to accelerate the transition to sustainable renewable sources of energy, but gas storage facilities will still play an important role in the future because they will be needed to store clean energy like hydrogen.’ Picture: David Cordner

Ireland and Britain are facing the prospect of a serious and ongoing energy crisis due to the lack of gas storage facilities on both islands, according to the head of Harland & Wolff. John Wood, chief executive of the Belfast shipyard company, said there is currently only enough capacity in Britain to store a fraction of the country’s natural gas needs, while there is zero gas storage capacity in Ireland.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

One more tune: How Ireland’s nightclubs are fighting for survival | Business PostWhere once we could dance the night away, offices, hotels and apartment blocks are springing up. But can Ireland’s nightclubs and late-night venues make a comeback and have they been given a lifeline by proposed new licensing laws? aalannabanana reports.
Source: businessposthq - 🏆 8. / 71 Read more »