Oireachtas Joint and Select Committees
Tuesday, 25 June 2024
Joint Oireachtas Committee on Climate Action
Long-Duration Energy Storage: Discussion
11:00 am
Mr. Bobby Smith:
Yes, it is all investment. It is investment in a cleaner energy future, in reducing carbon emissions and in removing our reliance on imported fossil fuels. It is all investment and if we design it right, it should deliver a significant net saving to consumers, but designing it right is important. We should not just pick one technology at the outset and say we are going to build that and that that is what we are going to invest in. It is about putting the resources and processes into designing a procurement framework that recognises there are multiple solutions for decarbonisation and that we want to pick the best ones for the grid and consumers.