Oireachtas Joint and Select Committees

Tuesday, 15 July 2025

Committee on Budgetary Oversight

Quarterly Economic Commentary: Economic and Social Research Institute

2:00 am

Photo of Richard O'DonoghueRichard O'Donoghue (Limerick County, Independent Ireland Party) | Oireachtas source

These energy companies have received funding from Government. There was €280 million given in subsidies for 28 wind turbines. When they did a business case to build those wind turbines, it did not make economic sense for them to be built unless they were given funding of €280 million to do that. Tomorrow morning, these companies could walk away after getting all these subsidies and leave the problem to the Irish taxpayer.

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