Oireachtas Joint and Select Committees
Tuesday, 22 March 2022
Joint Oireachtas Committee on Climate Action
Energy - Ambition and Challenge: Discussion (Resumed)
Mr. Mark Foley:
It is important to remember that all future renewable projects will be based on competitive auctions. We will see interesting and helpful price points in coming years because they are competing with each other to get projects and, secondly, they are now deploying very interesting technology, which will drive the price down.