Dáil debates

Tuesday, 31 May 2005

2:30 pm

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail)

I think I have answered the Deputy's query. Given that the current rate is 83%, it is clear that we are nowhere near achieving the target, which involves the ESB having a 60% share of the electricity generation market. The Minister for Communications, Marine and Natural Resources has initiated a comprehensive review to ascertain whether we can add new elements to the existing infrastructure and policy framework and free up the market to an increased extent. The initiatives taken — we have appointed an independent energy regulator, for example — have not resulted in reduced prices.

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