Oireachtas Joint and Select Committees
Tuesday, 5 April 2022
Joint Oireachtas Committee on Climate Action
Implementation of the New National Retrofit Plan: Sustainable Energy Authority of Ireland
Dr. Ciaran Byrne:
The Senator has answered his own question to a degree. Competition is how we can stave off inflation. We saw this, for example, when we originally launched the solar-PV scheme some years ago. Only about ten to 12 providers were active in the market at the time, but that has now increased to the point where there are 130 providers. The increase in competitiveness in the marketplace is one of the main measures we can leverage to try to counter inflation. This is, of course, all predicated on there being a normal environment. Unfortunately, other factors are in play here.
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