Oireachtas Joint and Select Committees

Thursday, 4 July 2019

Public Accounts Committee

2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

We have a note from the line Department saying that in 2017, trades between Luxembourg, Lithuania and Estonia suggested a cost of the order of €22.5 million per percentage point. That was on renewable targets. They were bilateral agreements so that is allowed but there will not be an EU-wide market. Every country will have to do its own negotiations.

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