Fueling Growth: Ireland's Hydrogen Industry Potential and Business Developments
Key Ideas
  • Hydrogen Mobility Ireland's report suggests Ireland's hydrogen fuel industry could attract over €6 billion investment and create hundreds of jobs, enhancing energy security in transport.
  • KPMG Ireland appoints Ciarán Hancock as the new managing partner, succeeding Seamus Hand in May next year.
  • Comedian Mario Rosenstock criticizes cryptocurrency in Me & My Money interview, labeling it as 'tech-bro macho nonsense' with negative associations.
  • Blarney Woollen Mills Ltd in Cork returns to profit due to increased demand, indicating a positive trend in its retail operations.
A new report from Hydrogen Mobility Ireland has shed light on the potential for Ireland's hydrogen fuel industry to flourish, with projections indicating that it could attract more than €6 billion in investment and generate hundreds of jobs. This development not only holds economic promise but also offers a pathway to achieving energy security within the transport sector. Concurrently, KPMG Ireland has announced the appointment of Ciarán Hancock as the incoming managing partner, set to take over from Seamus Hand next year. On a different note, comedian Mario Rosenstock expressed skepticism towards cryptocurrency in an interview, criticizing it as 'tech-bro macho nonsense' associated with various negative connotations. However, amidst these discussions, positive news emerged from Blarney Woollen Mills Ltd in Cork, as the company swung back into profit driven by increased demand, signaling a positive trajectory for its retail business. Furthermore, the evolving landscape of taxation and financial matters in Ireland has been under the spotlight, with economic analysts monitoring the stance of the incoming Trump administration in the United States. Additionally, the decreasing gender pay gap at The Irish Times reflects a positive trend towards achieving greater gender equality in the workplace. The article also touches on business expansions, such as US company Fenagh Engineering & Testing establishing its first European office in Dublin, bringing significant investment and job opportunities to the region. In the broader European context, the European Investment Bank is exploring ways to bolster the EU's future growth, as outlined by its president Nadia Calviño. Overall, the article provides a multifaceted view of business developments in Ireland, touching on investments, job creation, workplace dynamics, financial trends, and international business interests.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2024 AdvanceH2, LLC. All rights reserved.