Oireachtas Joint and Select Committees

Tuesday, 9 May 2023

Joint Oireachtas Committee on Climate Action

Engagement with the Commission for Regulation of Utilities

Mr. Jim Gannon:

It is very difficult to predict energy demand growth but it is in all of our interests to get it as accurate as possible. This means that we invest in the right levels of supporting infrastructure and capacity that we will need, and that consumers will bear the right cost for that. In terms of further development on that front, the national resource adequacy assessment, NRAA, is something that the European Commission and ACER require. It will start looking at demand growth to a new methodology which will be consistent across European countries. That is in process now.