Oireachtas Joint and Select Committees

Tuesday, 9 May 2023

Joint Oireachtas Committee on Climate Action

Engagement with the Commission for Regulation of Utilities

Ms Aoife MacEvilly:

When it comes to generation, we are getting a lot of international competition coming in, for example, in renewable energy and offshore renewable energy auctions and in some of the new competitors coming in to deliver the gas-fired generators we need. Unfortunately, on the supply side, because of the events of the last year, there have been exits. We are hoping for stabilisation of the market at the moment. The market for the 2030s should look entirely different from the market we worked with through the 1990s and up to the 2020s. We should be thinking about what active customers look like, what types of new services are coming in and how to engage community suppliers. We should think more about what 2030 and beyond look like when we go to the next stage.