Oireachtas Joint and Select Committees
Wednesday, 11 May 2022
Committee on Budgetary Oversight
Recent Cost-of-Living Measures: Discussion
Mr. John Kinnane:
It is a complex issue. When one considers the supply of renewables and the mix between renewables and gas-fired and coal stations, what is driving up prices is the huge increases in fossil fuel prices. The proportion that renewables account for within the overall mix is not enough to offset the huge fossil fuel increases. We might get back to the Deputy separately with a short note on the issue.