Oireachtas Joint and Select Committees

Wednesday, 25 February 2015

Joint Oireachtas Committee on Transport and Communications

Energy Prices: Discussion

9:30 am

Mr. David Manning:

Yes, on a number of occasions. We have met directly with the Valuation Office and we have corresponded with the different Departments. We have highlighted the issue to them that this needs to be examined very closely. The industry has recently put forward a solution which is around a clause in the Valuation Bill which would help to address this issue. We are hoping we will see some traction. We highlighted the issue and we signalled a solution to it. If a solution does not come forward, without wishing to be dramatic, that sort of cost increase will impede some investors in looking at delivering renewables investments in Ireland which, in turn, would affect the 2020 target.

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