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Ireland allocates over €1bn to support its energy transition strategy

The Irish government has committed over €1bn in its Budget 2026 to accelerate the country’s energy transition and net-zero strategy. The country has allocated €724m to ensure Ireland’s energy systems are sustainable, affordable and secure. This is expected to be achieved through residential and community energy upgrades including the Solar PV scheme (€558m), the provision of support and advisory services for the public sector, and continued aid for energy research. Meanwhile, €209m will be destined to accelerate climate action and prepare for climate change, and €157m to improve the circular and resource-efficient economy.

Over the 2026-2030 period, a €500m allocation for the Department of Climate, Energy and the Environment projects under the Infrastructure, Climate and Nature Fund (ICNF) is focused on developing new markets to accelerate the diversification and decarbonisation of Ireland’s energy system.

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