The business of the world famous Ardnacrusha generating station
A century ago only a quarter of the population had any electricity at all and few had running water. The newly independent State had little or no money but little it had it bet the house on one project: the building of the then largest hydro electric plant in Europe at Ardnacrusha in Co Clare. Today is the 100th anniversary exactly of the turning of the first sod to build that plant which provided enough electricity for the entire nation a century ago. JOw spoke to Brendan Shine is the Plant Manager for ESB at the world famous Ardnacrusha Generating Station.
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Wednesday's business news review
Joe Lynam takes a look at Wednesday's business headlines.
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Will the arrival of autonomous vehicles effect our infrastructure?
The billionaire Dermot Desmond said that the Metrolink in Dublin would be obsolete by the time it opens due to the arrival of autonomous vehicles and advanced AI. While that ignores the fact that it would clog up the roads even further, it did shine a light on whether technology is moving so fast that we won't be driving our own cars in the near future. All to discuss with Stephen Prendiville an Infrastructure Partner with Deloitte.
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Inflation predicted to rise notably this Autumn in the US
Goldman Sachs has put out a paper which said that the vast majority of Trump’s new tariffs are being paid by US importers with only a fraction being paid by Exporters into the US. It also predicted that inflation was set to rise notably this Autumn in the US thanks to these tariffs. So what is the mood music out there? All to discuss with Allie Renison Partner with SEC Newgate and also an adviser to the Institute of Directors.
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The one positive from the Trump tariff war!
The one positive from the Trump tariff war has been the urgent need for Irish exporters to find new markets to sell to and wean itself off its US dependency. One possible region could be the Middle East which imports 85% of everything they consume. That means that Irish food and pharma could find new customers. Joe discusses this further with Enda Corneille, is the chair of the Arab-Irish Chamber of Commerce which holds a big conference on this subject in Sept
Presented by Newstalk's Business Editor Joe Lynam, this 30-minute programme focuses on the key business stories from home and abroad, market analysis, new business innovations and profile interviews.
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