Oireachtas Joint and Select Committees

Thursday, 24 March 2022

Public Accounts Committee

Sustainable Energy Authority of Ireland: Financial Statements 2020

9:30 am

Photo of Seán SherlockSeán Sherlock (Cork East, Labour) | Oireachtas source

Based on Dr. Byrne’s reply to earlier questions, am I to understand SEAI's policy intervention in relation to granting of high-end EVs is leaving it to the market to decide on where the technology will land? Does that mean that when the technological solution becomes cheaper, that is where things will land in terms of a demand, supply and a price point? I ask this because, based on Dr. Byrne’s previous replies in respect of electric vehicles, that while it has built in thresholds in terms of grants, it seems it is ultimately waiting for the market to decide the cost of the vehicle. With respect, I am not sure if that is the right policy intervention. I would be glad to hear his views on that.

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