€347,434 Research Grant Awarded To Trinity Economist Eleanor Denny
30th December 2019
The Minister for Communications, Climate Action and Environment, Richard Bruton TD, recently announced that €11m in funding has been awarded to 50 cutting-edge research, development and demonstration energy projects. These projects will develop solutions that will deliver cleaner energy for our homes, businesses and communities.
The Sustainable Energy Authority of Ireland (SEAI) is responsible for awarding and administering the fund to companies and research institutions nationwide. €1m of this funding comes from three of SEAI’s strategic co-funding partners, the ESB, Gas Networks Ireland and the Geological Survey Ireland. The funding announcements were made at the inaugural SEAI-DCCAE National Energy Research and Policy Conference held in November.
Eleanor Denny, an associate professor in the Economics Department at Trinity College Dublin, was awarded a research grant of €348,000 from SEAI’s research and development programme to conduct research into electric vehicles and consumer investment behaviour. Her project, entitled GREENCAR, will see her partner with Hyundai Ireland to explore consumer decision-making when buying vehicles and will trial new initiatives aimed at increasing the purchase of electric vehicles.
It will look specifically at creating new energy labelling for vehicles to make the benefits of hybrid and electric vehicles clearer to customers.
In Ireland, the transport sector represents over 43% of final energy demand and private vehicles account for 41% of this demand, which is almost exclusively dependent on oil. In a bid to reduce reliance on fossil fuels and cut greenhouse gas emissions, the Government has set a target that all new car and van sales will be zero-emission by 2030. This is a considerable challenge given that just 2.6% of new car sales in Ireland in the first nine months of 2019 were electric.
Speaking about the award Professor Denny said: “This is an exciting area of research with the potential to lead to ground-breaking developments in the design of energy policy across the EU and beyond. “It partners with Hyundai Ireland, Ireland’s leading supplier of electric and hybrid vehicles and it will provide an excellent platform to improve and refine EU energy policy with the potential to deliver significant environmental and cost savings. It will also reinforce Ireland’s position as a leader in this area internationally and will help to grow capacity in this critical field.”
You can find out more about SEAI’s research funding here>>