Eamon Ryan (Dublin South, Green Party)

The independent analysis of the electricity transmission assets by Frontier Economics Limited is being finalised and will be submitted to me shortly. The unbundling of the transmission assets involves the resolution of complex technical, financial and operational issues, as well as the possible development of legislation. The independent analysis includes an assessment of costs, benefits and regulatory impact, EU developments and the all-island single electricity market. The process has involved input from the direct key stakeholders and others.

The direct stakeholders comprise management and unions of the ESB, EirGrid and the ESB employee share ownership trust, ESOT. All direct stakeholders have pivotal roles to play in the process of engagement and analysis. Their co-operation is vital in achieving outcomes that are in the best interests of the economy and energy consumers, as well as the two State entities.

Both EirGrid and the ESB have vital roles to play in delivering our national targets for renewable energy and energy efficiency, as well as security of supply and energy competitiveness. The unbundling of the national transmission assets will be progressed in a way that ensures viable futures for both EirGrid and the ESB, as well as delivering on EU legal obligations on transmission unbundling in the interests of the energy sector and energy consumers.

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