Oireachtas Joint and Select Committees

Tuesday, 15 July 2025

Committee on Budgetary Oversight

Quarterly Economic Commentary: Economic and Social Research Institute

2:00 am

Dr. Muireann Lynch:

That is not something I can calculate because we just do not have the access to the contracts they have or their usage. They are investing heavily in renewables out of their own pocket, yet they are paying the same subsidy of renewables. That is a net gain for the consumer. We are benefiting from the renewables they are investing in without having to subsidise those renewables because those renewables are subsidised directly from power system and the data centre companies. We do not know how it all comes out in the wash together.