Oireachtas Joint and Select Committees
Tuesday, 15 February 2022
Joint Oireachtas Committee on Climate Action
Commission for Regulation of Utilities Strategic Plan: Discussion
Mr. Jim Gannon:
As an economic regulator we would follow national policy, but we would also involve ourselves in the dialogue that would feed into that national policy, including the preparation of the climate action plan. Separately, it is within our remit to advise the Minister on decarbonisation. Again, we would follow a policy brief that we would be given. At the moment, we are certainly aware of technological improvements and aware of the kinetic energy recovery systems, KERS, with regard to offshore wind and floating offshore wind, and also green hydrogen. We keep ourselves aware of where the technology is and where the economic opportunity may be, in order that organisationally we might be ready when the time comes. Indeed, it is one of the areas where we are considering looking at our own resourcing in that readiness space.
No comments