Oireachtas Joint and Select Committees

Tuesday, 30 January 2024

Joint Oireachtas Committee on Climate Action

General Oversight of EirGrid: Discussion

Mr. Mark Foley:

The number was too low. People who are asked to bid into a market have to make their investment work, to get bank funding and so on. We are firmly of the view that in the past two years the prescription imposed by the regulators was never going to deliver the type of projects-----