Jason Ward
π€ SpeakerAppearances Over Time
Podcast Appearances
Now, obviously, the government has obviously introduced the new investment through the budget NDP, where we're going to have, you know, 1.5 billion allocated to ESB networks.
We'll have 2 billion that goes to air grid.
But the capacity for onshore, offshore green energy, which could sustain the new AI workloads, investment and expedited planning in those areas is absolutely critical.
No, absolutely.
Look, obviously, if you want to go down the nuclear conversation, it'll have a change in our constitution.
But even if we disregard nuclear, right, our onshore, offshore wind capacity, we've ample capacity.
So, you know, we're forecasting that we'll
you know, bring on stream about five gigawatts of energy offshore by 2030.
But Ireland has 30, 40, 50 gigawatt capacity, which we could certainly bring on board and utilize in a very efficient and cost-effective way to drive further investment in AI across Ireland.
So we have the capability, you know, nuclear is an option that a lot of countries are actually going to deploy because it's quick, it's clean, but we also have great capability.
We're an island nation, right?
So look at what's happening in Norway and Finland.
Offshore, onshore wind capacity, it's green and it's a really beneficial way of driving energy for these AI data centres.
Absolutely.
If you think about it, if you look at any analyst today, McKinsey, IDC, Gartner, you know, they reckon that there'd be about, I think, about a $5.2 trillion investment in data centers by 2030.
So private investors, equity investors, equity backers are investing hugely in this space.
If you think about the Wallenberg family in Sweden, $10 billion investment.
Brookfield Asset Management in France, $20 billion.
Even last week, the announcement in the U.K.
with NVIDIA, N-scale, $40 billion into the U.K.,