Oireachtas Joint and Select Committees

Tuesday, 4 October 2022

Joint Oireachtas Committee on Climate Action

Energy Prices: Discussion

Mr. Nicholas Tarrant:

Yes, a number of mechanisms are in place through the market to do with this, including demand-side aggregators looking to manage demand and to bid that into the market. That is perhaps a bit outside of our remit in ESB Networks, but what I was more referring to in my previous answer was a situation where the electricity demand is very tight on a particular day and there could be situations where steps would have to be taken to manage demand in that situation, including requesting or mandating extra-large users to reduce their demand at those times so that we EirGrid could balance supply and demand on that particular occasion, but there are other mechanisms to do with this in the DS3 market and the wholesale market, which I do not know-----

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