ICTU - The Potential for Green Economy Jobs Marina Donohoe - Enterprise Ireland June 24 th 2009

Irish owned Enterprise Policy analysis and 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

High Potential Start-Ups Entrepreneurs starting companies with the ability to compete in world markets Scaling Ambitious companies with the ability to grow to scale and achieve significant global success Manufacturing and international-traded services companies employing ten or more Established SMEs Irish-based food and natural resource companies that are overseas owned or Controlled MNC’s Working with our clients – Enterprise Ireland provides support at key stages of development

Asia / Pacific Beijing Guangzhou Hong Kong Kuala Lumpur New Delhi Seoul Shanghai Singapore Sydney Tokyo Germany, Central and Eastern Europe, Russia and CIS Budapest Dusseldorf Moscow Prague Warsaw Southern Europe, Middle East and Africa, Latin America Dubai Madrid Mexico Milan Riyadh Sao Paulo Northern Europe Amsterdam Brussels Glasgow London Paris Stockholm North America Boston New York Silicon Valley Toronto 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 3 rd largest sector now for VC  UN 2008 – over 2.3m created already …. By million new jobs  ILO – Solar Conservatively 3m employed by 2030 – 6m potential And 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

TechnologyStage of development R&DDemonstrationDeploymentCommercial 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….