Oireachtas Joint and Select Committees

Tuesday, 25 June 2024

Joint Oireachtas Committee on Climate Action

Long-Duration Energy Storage: Discussion

11:00 am

Mr. Brian Kennedy:

I can probably speak to the second point first. The reason to rule out certain technologies is not necessarily because of concerns around rare earth minerals or anything. Great Britain is probably taking a view that it is looking beyond the existing technologies and looking to create a hub for investment in new technologies. Hence, it has left 50 MW for what is called TRL 8. The lower technological readiness stream is a mechanism it is putting in place to incentivise the development of new technology. It is more about that than concerns for particular rare earth minerals.

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