Oireachtas Joint and Select Committees
Wednesday, 24 September 2025
Joint Oireachtas Committee on Climate, Environment and Energy
Engagement with the Commission for Regulation of Utilities
2:00 am
Dr. Phil Hemmingway:
There are three key points and objectives. Our job is to enable the scale of investment required to meet Ireland's climate and energy goals. We are there to ensure the value for money to electricity customers through the robust cost oversight and performance incentives. The next point is really important, which is to maintain a network of reliability and resilience, particularly in the face of growing demand and climate-related risks, for example, Storm Éowyn etc. They are the fundamental pillars on which this €18 billion investment is required. Within that, ESBN and EirGrid plan their network out. They prioritise and plan out across the length and breadth of the country. For example, there is a huge winter resilience plan for the west of Ireland.
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