Oireachtas Joint and Select Committees
Wednesday, 9 November 2022
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Current Issues Affecting Trade in Ireland: Enterprise Ireland
Mr. Leo Clancy:
There is a very small number of Irish-owned data centres, and they are small regional enterprises. It would depend on the application. It is impossible to say what the amount might be until we see what the company's energy costs are and how much they have increased. We have found, as we look across all sectors, that the situation people are in regarding energy varies very widely. Some of the more energy-intensive businesses have hedged. Some people have hedged out as far as 2024, as far as I can see, so it would depend on the individual situation of the company, and that would be true of any company.
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