Oireachtas Joint and Select Committees

Wednesday, 15 November 2023

Joint Oireachtas Committee on Climate Action

Future Licences and Contracts to Connect Data Centres to the Gas Network: Discussion

Mr. John Melvin:

Deputy O'Sullivan asked me a question I was not able to answer at the time. I said if the Cathaoirleach let me in, I would answer it very quickly. The Deputy asked about costs relating to the security of supply programme. In 2023, €478 million was included in the transmission tariffs to cover the cost of the programme. In 2024, €371 million was included in the transmission tariffs to cover the cost of the programme. That was the whole programme and not just temporary emergency generation 1 or 2. Those numbers need to be understood in the context, for example, of an ESRI study from 2010, which estimated the cost to society of an electricity interruption to be in the order of €600 million a day. What does that mean to a customer at home? Of those costs, the estimated domestic bill impact in 2023-24 is approximately €49 per household per annum.

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