Oireachtas Joint and Select Committees

Tuesday, 5 October 2021

Joint Oireachtas Committee on Climate Action

Energy Charter Treaty, Energy Security, Liquefied Natural Gas and Data Centres: Discussion (resumed)

Mr. Mark Foley:

We have a very proud track record on our generation capacity statement in predicting or forecasting demand and managing that supply-demand equation. I can tell Deputy Smith absolutely categorically that the figure of 70% has no basis. The figures in the generation capacity statement are the basis on which we suggest the power system be planned by agreement with the regulator. There are lots of speculative investments out there, many people with great ideas, etc., not just in our sector but in others. The figures the Deputy can trust and on which she should rely are those in the generation capacity statement. That is what the regulator bases its decisions on. The Deputy should ignore the media, if I may suggest.

We have talked with the data centre people this summer. We have had engagements with them about the tight winter that is in front of us as is in our statement and is on the record. We are satisfied that they have engaged in a professional and collaborative way to ensure that their resources, which include backup generation, are available to support the system over the winter. I assure the Deputy that those conversations took place. I do not care what the media says. They did happen and we are happy with the response we got.