Oireachtas Joint and Select Committees

Tuesday, 30 January 2024

Joint Oireachtas Committee on Climate Action

General Oversight of EirGrid: Discussion

Mr. Mark Foley:

The expense is another matter, but I am referring to the environmental conditions that are attached. We will be back in the same place in three to four years time. The solution is jurisdictional and the CRU needs to frame the markets correctly. The projects are out there. I know the developers, including some State developers, and we need to get them contracted. That is our view.

On the floating offshore wind question, I will say something and then hand over to the expert on my right. Floating offshore's time will come, but for the 2030 ambition we need proven technology to deliver us low cost, namely, fixed bed. I will let Dr. Ryan speak to the longer term.