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. Jim Gannon:

In terms of failure of certain capacity to deliver, we have engaged with industry over the past 12 months in particular. This is, again, to focus on those projects that are delivering and those that have not delivered. This is where we have considered and identified some risk factors to delivery. Some would cite statutory processes, others would cite ancillary infrastructure or economic signals, while others would cite a combination of these factors.

Technology change has been challenging for some of the developers. It is very important that we reflect on how capacity is attracted to the auction and delivered once procured in the auction. We have been engaged in this process with our colleagues in EirGrid, industry and our fellow regulators in the single electricity market over the past period. In short, penalties are levied for non-delivery in the capacity remuneration mechanism. I will hand over to Ms MacEvilly to respond to the query on smart meters and enablement of same.