Oireachtas Joint and Select Committees
Tuesday, 13 November 2018
Joint Oireachtas Committee on Climate Action
Third Report of the Citizens' Assembly: Discussion (Resumed)
3:00 pm
Mr. Mark Foley:
The Deputy mentioned pump storage. Turlough Hill is one of the greatest assets we have in the system. Turlough Hill and Ardnacrusha have served the nation spectacularly well since they were built. The economics of pump storage are very difficult. Occasionally, one hears of developers considering potential projects in different parts of Ireland but, to date, we have not had a developer come to us with a viable proposition. Ultimately, it is a third party that will see it as an opportunity and consider the cost of development and how it might make money from the development.
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