The David McWilliams Podcast Can Wind Power Make Us Rich Again?
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Dec 16, 2025 Ireland has an enormous offshore wind potential, with 600 gigawatts ready to power the entire EU multiple times over. Despite this, it's been two decades since a new wind farm was built. The discussion highlights the need for innovative thinking and a national plan to harness this energy. Technical challenges like floating turbines and upgrading ports are addressed. Financing options such as perpetual bonds are explored, emphasizing the importance of generational investment in renewable infrastructure for future prosperity.
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Storm Bram Sparking Big Ideas
- David recounts being blown off a headland during Storm Bram, highlighting the raw power of the south wind.
- That visceral moment inspired thinking about harnessing Atlantic wind for energy.
Atlantic Is A Gigantic Energy Asset
- Ireland's Atlantic is seven times larger than the island and holds massive untapped energy potential.
- David McWilliams argues this could reframe Ireland from energy importer to renewable powerhouse.
Turn Carbon Fines Into Wind Investment
- Invest the billions you'd otherwise spend on carbon fines into offshore wind infrastructure instead.
- That redirects penalties into long-term productive assets and exportable energy.