Oireachtas Joint and Select Committees
Wednesday, 11 December 2013
Committee on Transport and Communications: Select Sub-Committee on Transport, Tourism and Sport
Rationale for Sanctioning Energy Price Increases: Discussion with Commission for Energy Regulation
2:40 pm
Mr. Dermot Nolan:
Yes. Given that we have mentioned the figure, I do not see a reason not to send it. There is a caveat with the figure. The ratio has only been established in terms of the North-South interconnector. The Deputy may question that establishment but that is all that has been done. We are implying the 3:1 ratio for the two other main projects. I will send the figures to the committee. I accept the point that it may be perceived as fact but there are several caveats about the point.
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