Oireachtas Joint and Select Committees

Thursday, 21 October 2021

Joint Oireachtas Committee on Transport, Tourism and Sport

Scrutiny of EU Legislative Proposals

Mr. Caoimhín Ó Ciaruáin:

I am not too sure it is right now. The key thing with green hydrogen is that it can store energy in a way that we need for the way we are doing renewables. The use of hydrogen is being trialled on buses. In terms of the infrastructure piece around that, and I am covering the AFIR bit, there are targets in there around that which are quite stretched in the context of the wider European space, but particularly, for Ireland. We are placing a marker in relation to that. On the the level of investment, the key thing across the whole AFIR piece is that there is a trade-off between moving early on the infrastructure piece and watching what is happening where it needs to happen in central Europe, where there is a level of traffic that justifies it in terms of the business case. We are at the periphery of it. We will watch the space and the cost will come down. It is at that point that we will be looking to invest and support that type of investment. That is allowed for under the AFIR proposal.

This is all being negotiated, as Mr. Burke has said, in terms of the level of flexibility that applies. There is room there and hydrogen presents a real opportunity.

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