Oireachtas Joint and Select Committees
Wednesday, 18 November 2015
Joint Oireachtas Committee on Transport and Communications
ESB: Chairperson Designate
9:30 am
Ms Ellvena Graham:
Okay. I will come back to the questions from Deputy Ellis. The first question related to diversity of supply. Deputy McEntee is dead right; everybody does talk about renewables when they talk about decarbonisation. The ESB is also very interested in solar energy. We have signed a deal with Kingspan, another Irish company, to put solar panels onto roofs. In Northern Ireland there is much more of an uptake at the moment because of the subsidies for solar energy there compared to in the Republic. That is something to which we are very committed. Solar energy makes up a small percentage of energy generated at the moment. Wind is a number of years ahead in terms of capacity and the sheer engineering and development of solar energy.
Reference was also made to biomass and Moneypoint. There is much talk about the future of Moneypoint. It is our largest station. It is located in the west and electricity is generated from coal. We have spent almost €300 million on trying to make Moneypoint cleaner, but it is still using coal. If we were to convert it to biomass, which I have heard discussed a number of times, first, there is a significant cost attached to such a conversion and, second-----
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