Oireachtas Joint and Select Committees

Tuesday, 12 July 2022

Select Committee on Communications, Climate Action and Environment

Estimates for Public Services 2022
Vote 29 - Environment, Climate and Communications (Supplementary)

Photo of Richard BrutonRichard Bruton (Dublin Bay North, Fine Gael) | Oireachtas source

It would be interesting to hear how that will work out because the second-hand cost will, presumably, be very high. I imagine that these generating plants have a fairly long design life so, presumably, the State has a fairly valuable asset.

Is there any difficulty for the State, having procured this under this exceptional arrangement, which, as I understand it, is outside of the market or quasi-outside of it for generation, in then trading it back into our market such that it has been sort of screened away to avoid interfering with the competitive players in the marketplace? On re-entry into the market, the nightmare scenario would be that we would have a valuable piece of kit that we would no longer be able to deploy in the Irish system. Is there any barrier to its deployment in the Irish system after this period is over?

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