Oireachtas Joint and Select Committees

Tuesday, 6 July 2021

Joint Oireachtas Committee on Climate Action

Reduction of Carbon Emissions of 51% by 2030: Discussion (Resumed)

Mr. Jim Gannon:

There is a mix here between economic policy, regional economic development and the development of commerce and industry versus network investment. Regarding network development and investment, we rely on EirGrid and ESB Networks to anticipate infrastructural requirements. It is important for us to ensure they have the revenues required to do that and deliver those requirements in the most cost-effective way for consumers. Turning to generating capacity, there can be instances where a regional signal can be sent if there is a particular deficit in generation, but it does not occur often. In regional development, the network follows commerce and industry. Again, however, a location band can be brought in where the network is much needed, and that will mean it can be a little bit more or less expensive to deliver infrastructure in an area where there is a challenge or tightness with the network.

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