Oireachtas Joint and Select Committees

Thursday, 5 October 2023

Select Committee on Communications, Climate Action and Environment

Energy (Windfall Gains in the Energy Sector) (Cap on Market Revenues) Bill 2023: Committee Stage

Photo of Darren O'RourkeDarren O'Rourke (Meath East, Sinn Fein) | Oireachtas source

This is my very last point. I just feel I need to come back in. When I raised concerns about the outcome of the RESS 3 auction, it was not solely about price. Price is not the only signal. This is very dangerous territory to be in. There are fundamental issues in the renewables sector at the minute around planning, the grid and the design of auctions. Those are the fundamental issues that need to be gotten right here. Based on the Minister of State's logic, we would sell it at any price just to keep people in the market. That is a big risk and danger. I thank the Minister of State.

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