Timmy Dooley (Fianna Fail) | Oireachtas source

We have seen the issue then in recent weeks where EirGrid has indicated the potential for blackouts in that peak period. I will conclude on this point. Mr. Fenlon was CFO of the ESB until recently. He will be aware that the ESB in an auction in 2019 bid a phenomenally low rate to provide capacity. I think it was about €46 per MW. After two years, in 2021, the ESB, having won the contract on a very low rate - or a significant amount of what was tendered - put its hands up and said it would not able to deliver.