Dáil debates

Wednesday, 23 February 2022

Ceisteanna - Questions

Cabinet Committees

1:42 pm

Photo of Rose Conway-WalshRose Conway-Walsh (Mayo, Sinn Fein) | Oireachtas source

Over the weekend, a leaked European Commission report said that gas prices will remain high and volatile until at least 2023. Shockingly, the leaked draft report makes no mention of the decoupling of electricity prices from gas prices. When the price of gas goes up, households pay more for wind-generated electricity too. This is because the pricing system is essentially an auction where the cost of gas generated sets the price. The EU and successive governments here have pushed this market pricing system for years. Now that this is failing to deliver fair prices, the Government and a number of other countries have remained ideologically wedded to this approach. I raised this matter with the Taoiseach last November, and I am asking him again to look at it. We could have gas supply disruption far into the future, but families cannot continue to pay the price for stubborn, short-sighted policymakers. I am really asking the Taoiseach to look into this. I believe there is something we can do here.

Comments

No comments

Log in or join to post a public comment.