Oireachtas Joint and Select Committees

Wednesday, 19 December 2018

Joint Oireachtas Committee on Climate Action

Examination of the Third Report of the Citizens' Assembly (Resumed)

12:00 pm

Photo of Jack ChambersJack Chambers (Dublin West, Fianna Fail) | Oireachtas source

I thank the witnesses for attending the meeting. I have three questions. With Brexit ongoing, what discussions have taken place with the utility regulator in Northern Ireland and the UK on energy security and the impact Brexit will have, whether it is a soft or hard Brexit? Will they brief us on that? It is important to see what is coming and what is happening in the UK. At EU level, what is the EU interface on moving towards better energy security across the EU in the context of climate change? What discussions are there in that regard? As regards price fluctuations and our dependence on carbon at present, what are the hedging strategies or mandates whereby the CRU interacts with the various energy providers? Does the CRU have a macro hedging strategy for Ireland given that it is carbon dependent? Obviously, price fluctuations occur and consumers complain. Despite the number of companies that provide energy, there is frustration with the ongoing price fluctuation which appears to be linked to the active market position. Many developing countries are trying to hedge some energy efficiently. What are we doing on that as we transition to a more efficient energy scenario?

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