Oireachtas Joint and Select Committees

Tuesday, 15 July 2025

Joint Oireachtas Committee on Fisheries and Maritime Affairs

Planning Challenges in Offshore Renewable Energy: Discussion

2:00 am

Mr. Justin Moran:

We produced a report in 2020 called Saving Money. It was very much focused on onshore wind in respect of identifying the things driving costs up. One of the things we would be keen to do with the Government would be to sit down and work on what goes into the price of an offshore wind farm that Ireland can control and what we cannot. Ireland cannot control European interest rates or the price of steel, for example, but there are things we can control in terms of the development and network costs and the form of the contract available in the ORESS, the auction system run by the State. One of the things we would be keen to do, looking at onshore and offshore wind energy, would be to see what the Government can do to lower costs and to sit down and work through those aspects systemically to try to bring down costs for Irish electricity consumers.

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