ICTU - The Potential for Green Economy Jobs

Marina Donohoe - Enterprise Ireland June 24th 2009

Irish owned Enterprise Policy analysisand advice

Inward Investment

Enterprise Ireland Mission

To accelerate the development of world-class Irish companies to achieve strong positions in global markets, resulting in

increased national and regional prosperity.

Key strategic targets 2008-2010

High PotentialStart-Ups

Entrepreneursstarting companieswith the ability to

compete in world markets

Scaling

Ambitious companieswith the ability togrow to scale and

achieve significant global success

Manufacturing and international-traded services companies

employing ten or more

Established SMEs

Irish-basedfood and natural

resource companiesthat are overseas

owned orControlled

MNC’s

Working with our clients – Enterprise Ireland provides support at key stages of development

Asia / Pacific

BeijingGuangzhouHong KongKuala LumpurNew DelhiSeoulShanghaiSingaporeSydneyTokyo

Germany, Central andEastern Europe, Russia and CIS

BudapestDusseldorfMoscowPragueWarsaw

Southern Europe, Middle East and Africa, Latin America

DubaiMadridMexicoMilan RiyadhSao Paulo

Northern Europe

AmsterdamBrusselsGlasgowLondonParisStockholm

North America

BostonNew YorkSilicon ValleyToronto

International Office Network

CleanTech - The Good News……

Globally Market size €1,100bn in 07 - €1,500bn in 2012 Green Stimulus Packages of $184bn announced to date Energy Demand to jump by 50% by 2030 Strong US interest and investment in CleanTech CleanTech 3rd largest sector now for VC UN 2008 – over 2.3m created already …. By 2030 20 million new jobs ILO – Solar Conservatively 3m employed by 2030 – 6m potentialAnd in Ireland…. Key Players in Ireland – NTR, ESBI, Bord na Mona, Glen Dimplex … Strong Capability – Environment, Construction, Electronics, IT, Building

Management…. Growth in Exports of 17% in 08 yet most clients domestically focused Government Interest/Commitment

Enterprise Ireland Focus

Growing the Sector

“For Ireland to be considered a global centre and leader in

CleanTech in niche areas and for EI clients to be central to that

reputation

Improving Sustainable

Development across all key clients

Improving Companies Green Credentials and Competitiveness

Range of Financial and Soft Supports

Enterprise Ireland’s CleanTech Portfolio – The Sector

144 dedicated CleanTech clients 58 “Other” EI CleanTech Clients –from Electronics, Construction, IT, Engineering

etc. 2008 Statistics

Employment 5,980 Sales €1.4bn Exports €286bn

Forecasts for 2010… Exports €500m & employment at 9,500 A few large companies – NTR, Bord na Mona, Kingspan, EcoCem, Glen Dimplex.. Many smaller niche players – EFT, Kedco, Clearpower, Shabra…. Strong domestic focus but most now looking overseas

Technology Stage of development

R&D Demonstration Deployment Commercial

Energy Efficiency

Vehicles

Buildings, including heating and cooling

Low Carbon Energy

Technology

Carbon Capture Storage (CCS)

Wind

Ocean Energy

Solar: Photovoltaic (PV)

Solar: Concentrated solar power

Integrated gasification combined cycle (IGCC) & other ‘advanced coal’

Transport Hydrogen fuel cells for transport

Second-generation biofuels

Waste Waste Recycling Equipment

Waste to Energy

Water Waste Water

Rain Water Harvesting

Desalination

Achieved Efforts underway but challenges remain

Not viable yet

Our Strategic Focus

Finance

Research Management Capability

Entrepreneurship / HPSU

Industry Collaborations / Networks

Internationalisation

Develop and implement growth strategies Succeed in international markets Invest in research & innovation Compete through productivity Build strong management teams Finance growth

We work in partnership with clients to help them :

Challenges/ Opportunities

References sites in Ireland – improved credibility when exporting Speed to market critical or…. Be overcome by the yanks! Financing for growth – in Ireland & internationally Partnering & Consolidation – both in Ireland & overseas Building strong Management Teams – for scale….