Oireachtas Joint and Select Committees
Wednesday, 31 January 2024
Committee on Budgetary Oversight
Report on National Development Plan: Economic and Social Research Institute
Dr. Niall Farrell:
What feeds into this is that we have a lot of gas. If we have more renewables it helps to dampen it. It is imperative to get more renewables on the system to help shield us more and more from these international fluctuations. This will help with many of the problems that have been discussed to date.
When we think about our climate targets we think about the capacity constraints we have discussed in the document. There are many ways we can reduce our greenhouse gas emissions. We could have more renewables or more energy efficiency. Renewables have less inflationary pressure so perhaps we should be guiding more effort towards them. It would motivate a lot more action on renewables.