Mary Butler (Waterford, Fianna Fail) | Oireachtas source

My questions relate to the €13.5 billion Mr. Grant spoke to on page 16 of Ervia's presentation. Mr. Grant spoke about the short term, the medium term and the long term and what was required for long-term investment. Deputy Cowen asked whether this €13.5 billion was a draft figure and Mr. Grant replied that it was a fair estimate. I ask Ervia to expand a little on that. Is this a gross figure excluding efficiencies? What is the timeframe for the completion of the targets in this €13.5 billion in long-term investment Ervia states is required?

Similarly, I address this to the Commission for Energy Regulation. Has CER reviewed the €13.5 billion investment requirement outlined by Irish Water? Will this €13.5 billion be subject to the 20% cost-efficiency saving target? Does CER believe that the recommendations of the expert commission to place the Government as the primary customer of Irish Water will harm the efficiency drive of Irish Water?