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. Robin McCormick:

The benefit of this integrated single electricity market, which commenced on 1 October of this year, is that the flows of energy on the interconnectors are much more competitive than they were. Previously, the arrangements could not guarantee that the trades were economical. In addition, the trades across the interconnector are now done on a pan-European basis. Someone who wants to trade on interconnectors, therefore, can trade on a number of them across Europe. The evidence is that the trades on the interconnector are efficient. There are times when a great deal of wind is forecast and, as a result, a high export will be seen on the two interconnectors from the island to Great Britain.

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