Dáil debates

Thursday, 2 June 2022

Ceisteanna Eile - Other Questions

Energy Prices

11:10 am

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

I accept there are issues with the approach taken by Spain and Portugal and that other approaches have been put forward, such as windfall taxes. However, the core issue remains the same, namely, that gas cannot be allowed to set the price for all electricity if, as the Taoiseach said on Tuesday, we are entering into a new era of high energy prices. I agree we need to go from 40% to 80% renewables in the next decade, both for climate reasons and for energy security. However, we cannot be in a situation where we have even higher levels of renewable electricity generation but gas continues to set the price. How high do gas prices have to go before concrete action is taken in this regard?

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