Close Menu
The Elite TimesThe Elite Times
  • Home
  • Entrepreneur
  • Finance
  • Fund
  • Investment
  • Marketing
  • Stock
  • World
  • Business

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Visionary Entrepreneur Manuel Manzoni and International Taxation Expert Marco Scardeoni Partner to Drive Global Expansion through GCC Advisors

April 16, 2024

Help comes to Fort Worth businesses affected by explosion – NBC 5 Dallas-Fort Worth

March 29, 2024

Lawmakers claim ‘irresponsible’ withdrawal from Endowment Fund proceeds to pay full dividends

March 29, 2024
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Elite TimesThe Elite Times
  • Home
  • Entrepreneur

    21 Great Business Ideas for Nurse Entrepreneurs

    March 27, 2024

    EY announces 18 female entrepreneurs selected for EY Entrepreneurial Winning Women™ Asia-Pacific class of 2024 | EY

    March 27, 2024

    Victims of Baltimore bridge collapse include father of three and budding entrepreneur

    March 27, 2024

    Until April 2nd, get great discounts with lifetime access to this stock market app

    March 27, 2024

    Secure and reliable project management support for $25

    March 27, 2024
  • Finance

    Rocket Pharmaceuticals Announces Appointment of Aaron Ondrey as Chief Financial Officer and Additional Updates to Corporate Leadership Team

    March 26, 2024

    Reddit ignites resurgence in meme stocks, further sign of ‘bull market on all fronts’

    March 26, 2024

    Walmart stock plummets, retail giant expected to see further growth

    March 26, 2024

    Stocks soar as Wall Street looks to continue breaking records

    March 26, 2024

    Stocks soar as Wall Street looks to continue breaking records

    March 26, 2024
  • Fund

    Help comes to Fort Worth businesses affected by explosion – NBC 5 Dallas-Fort Worth

    March 29, 2024

    Lawmakers claim ‘irresponsible’ withdrawal from Endowment Fund proceeds to pay full dividends

    March 29, 2024

    The LDP slush fund scandal: What will make po

    March 29, 2024

    City of San Antonio seeks dismissal of Reproductive Justice Fund lawsuit

    March 29, 2024

    Clashes expected between Biden fundraisers and President Trump during preview visit to New York

    March 29, 2024
  • Investment

    Amazon (NASDAQ:AMZN) accelerates investment in humanity and accelerates AI drive

    March 28, 2024

    Recent trends in Kazakhstan’s investment situation

    March 28, 2024

    City of South Bend shares plans for Madison Lifestyle District with more than $330 million in private investment

    March 28, 2024

    OKX Ventures announces strategic investment in MyShell, a pioneer in AI-integrated Web3 technology

    March 28, 2024

    Reform of the EU Foreign Direct Investment Screening Regulation – How might M&A Transactions be impacted? | Mayer Brown

    March 28, 2024
  • Marketing

    Premium hospitality is on fire

    March 27, 2024

    S&P 500 sets record as Wall Street emerges from lull

    March 27, 2024

    DevvStream Announces Multi-Year Agreement to Sell CFR Credits with Major Logistics and Marketing Company

    March 27, 2024

    Global online dating services market by service (casual dating, matchmaking, niche dating), subscription (annual, monthly, quarterly), age group, and gender

    March 27, 2024

    Tower Federal Credit Union Receives Two CUNA Diamond Awards for Creative Excellence in Marketing

    March 27, 2024
  • Stock

    Forget Tesla: We think the ‘Magnificent Seven’ should replace this stock

    March 27, 2024

    Forget about Tesla: One of the unstoppable artificial intelligence (AI) stocks belongs to the ‘Magnificent Seven’ instead

    March 27, 2024

    2 Artificial Intelligence (AI) Stocks with Potential for Parabolic Growth

    March 27, 2024

    Mr. Powell’s comment

    March 27, 2024

    What you need to know about Trump Media’s stock debut

    March 27, 2024
  • World

    Take a look inside the New York Stock Exchange, the world’s largest stock market

    March 26, 2024

    China challenges Biden’s electric vehicle plan at World Trade Organization

    March 26, 2024

    Wolfspeed joins Senator Thom Tillis and key officials to conquer world’s largest and most advanced silicon carbide facility

    March 26, 2024

    Amy Brenneman, Raviv Ullman, Jeremy Love, cast and others in ‘Galilee’ world premiere, 34 years old

    March 26, 2024

    These beauty brands are among the most innovative companies in the world

    March 26, 2024
  • Business

    Canadian business leaders say housing should be a top federal budget priority

    March 27, 2024

    The power of mentorship in business

    March 27, 2024

    Los Angeles County business owner forced to pay damages after SWAT raid

    March 27, 2024

    Chinese President Xi meets with foreign business leaders amid economic uncertainty | Business and Economic News

    March 27, 2024

    China’s Xi Jinping meets with US business leaders in Beijing

    March 27, 2024
The Elite TimesThe Elite Times
Home»Entrepreneur»Global energy entrepreneur and radical thinker – Irish Times
Entrepreneur

Global energy entrepreneur and radical thinker – Irish Times

The Elite Times TeamBy The Elite Times TeamJanuary 13, 2024No Comments7 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email

[ad_1]

to be born: June 26, 1947

Died: January 5, 2024

Eddie O’Connor, the Roscommon-born businessman and global renewable energy entrepreneur who has died aged 76, will be best remembered for his pioneering work in renewable energy, particularly in the development of wind energy. Dew.

Mr O’Connor is the former chief executive of Bord na Móna, an Irish peat development company, and the founder of Airtricity (now SSE Airtricity), an electricity supply and wind farm development company. He is also the co-founder of Mainstream Renewable Power.

He is also using the technology he was developing in the Supernode Superconductor Technology Project with Norwegian partner company Aaker Horizons to create a thin, fast and cost-effective way to distribute electricity from renewable sources. He was also a passionate and vocal advocate of a European supergrid using energy-efficient cables. .

He will be remembered as a radical thinker and an inspiring business leader with a bold vision and ability to get things done.

Mr O’Connor first became interested in renewable energy in 1989, when he was chief executive of Bord na Móna, when board members were concerned that carbon dioxide was heating the world dangerously. That’s when I told him.

Supernode CEO John Fitzgerald described O’Connor as “an adventurous pioneer and an irresistible visionary.” “He inspired others to believe that change could happen and gave them the confidence that they could make it happen. He spotted opportunities and trends years before anyone else. I did,” Fitzgerald said.

[ Entrepreneur and energy supergrid promoter Eddie O’Connor dies ]

In 2003, O’Connor was named World Energy Policy Leader by Scientific American magazine. In 2009, he received the inaugural Ernst & Young Leadership Award at his Global Renewable Energy Awards.

In 2017, he declared: “Fossil fuels are gone…the rest of the world just doesn’t know it yet.”

O’Connor first became interested in renewable energy in 1989, when he was chief executive of Bord na Móna, when a board member told him that carbon dioxide was dangerously heating the world. That’s when I heard it. In a 2021 interview with The Irish Times, he recalled his response. “I said, Really? But that’s the only way we’re going to make electricity.” And I said, “I said, really? But that’s the only way we’re going to make electricity.” We were responsible for 10,000 tons.Since then, I have decided on this [renewable energy] That would be the mission. ”

During his time at Bord na Móna, he had a strong working relationship with chairman Brendan Harrigan, who said: “We recognize that we have to do a huge transformational job and no one likes it.” I knew it wouldn’t happen,” he said. In 1992, Bord na Móna built Ireland’s first commercial wind farm in Belacoric, Co. Mayo.

In 1996, O’Connor resigned from Bord na Móna following a heated boardroom dispute over his remuneration package, which ultimately ended in O’Connor’s favor.

The following year, he became founder and chief executive of Airtricity (later Airtricity), which continued to develop wind farms in Ireland, the United Kingdom, and North America. During this time, Mr O’Connor led the construction of the Arklowbank offshore wind farm, which remains Ireland’s only offshore wind project.

In 2007, Airtricity sold its North American assets to German group E.ON, and in 2008 sold its remaining assets to Scottish & Southern Energy. Both deals were reported to have netted Mr O’Connor more than €40 million at the time.

After Airtricity, Mr. O’Connor poured a lot of money into establishing Mainstream Renewable Power, and went on to develop wind and solar farms in Europe, Latin America, Africa and the Asia-Pacific region. In 2021, Norwegian company Aaker Horizons acquired a majority stake in Mainstream.

In addition to making Mr. O’Connor a millionaire (though he has often said he was not motivated by money), the deal also made O’Connor one of Norway’s richest men, Aker Horizons owner Kjell Inge Lokke. sparked a lasting friendship with.

In a 2021 interview with The Irish Times, Mr O’Connor described Mr Locke as a “soul brother” and said they were working on projects such as Supernode superconducting power cables to make Europe self-sufficient in carbon-free electricity by 2030. , embarked on an ambitious new project.

In 2021, Mr O’Connor published the biography ‘Dangerous He is the author of “The Visionary” (Currach Press).

In May 2021, he organized the Dublin Climate Dialogue with leading climate experts. However, he was criticized on social media over comments he made (and quickly apologized for) about how the lack of democratic traditions in post-colonial African countries is hindering the development of renewable energy on the continent. caused a storm. He subsequently lost his position as chairman of Mainstream Renewables.

“Decarbonising Europe is a continental issue… it is important to bring cheap ocean energy from north-west Europe and solar power around the Mediterranean in large quantities to central locations where it is most needed.”

— eddie o’connor

In his 2021 book, he explained his views on the causal relationship between electricity consumption and economic growth. “Africa’s entrepreneurs are disenfranchised because of low levels of electrification. There will be no economic growth until we have enough electricity to provide electricity. Small businesses are suffocated at birth.”

Mr O’Connor also spoke candidly about the potential for renewable energy in Ireland and Europe and how state-owned monopolies could slow progress.

He said: “Decarbonising Europe is a continental problem… to bring the vast quantities of cheap ocean energy in north-west Europe and solar power around the Mediterranean to the places of greatest demand in the centre.” These deep insights into how the economy works, and the formidable systems thinking of an engineer, were O’Connor’s hallmarks. He firmly believed that leaving fossil fuels in the ground and pursuing cheaper renewable energy was the only way forward.

Mr O’Connor’s desperate desire to solve climate change by developing renewable energy alternatives to fossil fuels led to his 2023 book Supergrid – Super Solutions, co-authored with the Irish Times environmental science editor. “The key to solving the energy crisis and decarbonizing Europe”. Kevin O’Sullivan.

[ A supergrid for Europe is the last piece in jigsaw to decarbonise Europe ]

Mr O’Sullivan said Mr O’Connor had “always called for collective action to expand renewable energy and address the climate crisis by expanding renewable energy and partnering with almost all energy electrification”.

Mr O’Sullivan added: “He believed that a European supergrid was a great enabler.” “This was pursued relentlessly with incredible focus. We got into rooms with key influencers, whether they were investors, bankers, politicians, civil servants or even fellow wind and solar developers. Once in, he became a great persuader. But his approach was always shaped by best strategy and a natural instinct for innovation. O’Sullivan said, “There was no time for discussion beforehand, but… Those who supported his mission were repeatedly urged to advance the cause.”

O’Connor, who was married to Hildegarde for more than 50 years, was an energetic and loving grandfather who brought his children and son-in-law into the renewable energy business.

The eldest of four children of statistician Robert (Bob) and Una O’Connor, he grew up in Roscommon and moved to Booterstown, south Dublin, when he was seven years old.

After completing his secondary education at Blackrock University, he earned a Bachelor’s degree in Chemical Engineering from University College Dublin in 1970 and a Master’s degree in Industrial Engineering, also from UCD, in 1976.

O’Connor, who was married to Hildegard for more than 50 years, was an energetic and loving grandfather who brought his children and son-in-law into the renewable energy business. He loved playing golf, particularly at Portmarnock Golf Club, and was always a great supporter of Lansdowne Rugby Club and his UCD, where Supernode was based in its early days. In 2023, he acquired Bordeaux winery Château Tour des Thermes with the aim of creating sustainable vineyards that can combat global warming.

Eddie O’Connor is survived by his wife Hildegarde, children Leslie and Robert, brother Des, sisters Mary and Ann, and five grandchildren.

[ad_2]

Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleMajor investment bank and former trader fined for stock trading fraud | Content from Henry Herald The Street Partner
Next Article Denver’s MLK Business Award Winner Champion Voting and Black Cowboy Culture
The Elite Times Team
  • Website

Related Posts

21 Great Business Ideas for Nurse Entrepreneurs

March 27, 2024

EY announces 18 female entrepreneurs selected for EY Entrepreneurial Winning Women™ Asia-Pacific class of 2024 | EY

March 27, 2024

Victims of Baltimore bridge collapse include father of three and budding entrepreneur

March 27, 2024
Leave A Reply Cancel Reply

Demo
Latest Posts

21 Great Business Ideas for Nurse Entrepreneurs

March 27, 2024

EY announces 18 female entrepreneurs selected for EY Entrepreneurial Winning Women™ Asia-Pacific class of 2024 | EY

March 27, 2024

Victims of Baltimore bridge collapse include father of three and budding entrepreneur

March 27, 2024

Until April 2nd, get great discounts with lifetime access to this stock market app

March 27, 2024
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss

Computer Science major applied to 456 internships and received 3 offers

By The Elite Times TeamJanuary 22, 2024

[ad_1] downward angle icon An icon in the shape of a downward facing corner. “We…

How to apply for a business credit card using your EIN

January 23, 2024

Boeing 737 Max 9s: FAA approves path for grounded aircraft to return to service

January 25, 2024

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

Demo
About Us
About Us

Welcome to [Your Website Name], your go-to source for comprehensive information on funds, investments, and the latest in stock news. We are dedicated to providing you with accurate, insightful, and up-to-date content to empower your financial decisions.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Visionary Entrepreneur Manuel Manzoni and International Taxation Expert Marco Scardeoni Partner to Drive Global Expansion through GCC Advisors

April 16, 2024

Help comes to Fort Worth businesses affected by explosion – NBC 5 Dallas-Fort Worth

March 29, 2024

Lawmakers claim ‘irresponsible’ withdrawal from Endowment Fund proceeds to pay full dividends

March 29, 2024
Most Popular

Visionary Entrepreneur Manuel Manzoni and International Taxation Expert Marco Scardeoni Partner to Drive Global Expansion through GCC Advisors

April 16, 2024

Teenage Girl Finds Mom’s Debit Card, Spends $64,000 on Mobile Games

January 9, 2020

Apple’s Beats Studio Pro Headphones Listed in FCC Database Ahead of Launch

January 10, 2020
© 2025 theelitetimes. Designed by theelitetimes.
  • Home
  • About us
  • Contact us
  • DMCA
  • Privacy Policy

Type above and press Enter to search. Press Esc to cancel.