Significant SME opportunities identified in Offshore Wind & Hydrogen Opportunities for the Island of Ireland Report

Source IntertradIreland 

A new report commissioned by InterTradeIreland highlights the scale of the economic opportunity in offshore wind for SMEs across the island of Ireland.

With world-class wind resources and growing net zero commitments, both governments have set ambitious targets for offshore renewables. This report from specialist renewables consultancy Everoze provides, for the first time, an all-island picture of firm-level capability, mapping over 160 companies across 12 supply chain sectors.

The findings show strong potential to develop a globally competitive offshore wind supply chain, particularly if efforts are aligned across the island. The report identifies complementary strengths in areas such as engineering, logistics, vessels and cables, and highlights the economic value of collaboration.

It also outlines challenges such as infrastructure capacity and skills shortages. These are best tackled through joined-up action on an all-island basis to ensure local firms can fully participate in this once-in-a-generation opportunity.

Drawing lessons from international leaders like Esbjerg in Denmark, the report sets out a strategic roadmap focused on supporting collaboration, developing a robust local supply chain, aligning R&D, and building skills capability.

InterTradeIreland will work with partners across the island to build on these insights, developing shared solutions, growing local capabilities, and helping SMEs navigate and access emerging opportunities in offshore renewables.

To read the report and its recommendations visit: Offshore Wind and Hydrogen Opportunities for the Island of Ireland