Oireachtas Joint and Select Committees
Wednesday, 15 October 2025
Joint Oireachtas Committee on Climate, Environment and Energy
Climate Change Targets 2026-2030: Discussion (Resumed)
2:00 am
Réada Cronin (Kildare North, Sinn Fein)
I have a question for IBEC. It said that we do not know what the transition means for energy prices and system reliability in the next decade. Could it clarify what it means around the uncertainty of prices going down? We know renewable energy is cheaper than fossil fuel energy and that, according to a report from the International Energy Agency, IEA, published this week, residential electricity prices in Ireland are three times higher than the wholesale cost and the most expensive in the world. Does IBEC not agree that renewable energy would be cheaper and cleaner, and that this transition should be a priority for the Government?
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