Eamon Ryan (Dublin Bay South, Green Party) | Oireachtas source

The Deputy referred to moving away completely from the market system and going with the Spanish approach. As I said, the European Council is not taking that approach. However, this does not mean we should not look at the market rules and mechanisms to see whether there are ways in which we can move away from gas being the defining price setter. We will work with the Commission and the Council to look at whatever the options are. At the moment, the fact gas is accounting for such a large percentage of our generation in Ireland, regardless of the European rules, means de facto it is setting the real cost to Irish consumers. The price is set by our high fossil fuel usage. We need to switch away from that. We will continue to review the market rules with the European Commission.

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