Oireachtas Joint and Select Committees

Wednesday, 12 November 2025

Joint Oireachtas Committee on Climate, Environment and Energy

Review of Storm Éowyn and Storm Preparedness: Discussion

2:00 am

Mr. Nicholas Tarrant:

We published our interim results for ESB overall, which included the total storm costs. That included costs for ESB Networks, and Northern Ireland Electricity Networks as well. That total cost was in the region of €140 million between both organisations, €40 million of which is capitalised costs. This means reinvesting in the networks, putting in new poles and new equipment that will last 40-plus years. The operating cost impact was in or around €100 million.

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