Dáil debates

Tuesday, 20 September 2022

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Energy Prices

8:40 pm

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

To answer the Deputy's question as to why we are above the other European countries in price levels, it is because we are so dependant on fossil fuels. Other than the Corrib gas field, we do not have any of those fossil fuels. We have to import them all. It is because we have the most dispersed population in Europe and the price of getting electricity and getting gas and getting other energy to a dispersed population is much more expensive than to a concentrated one. That is a reality. Lastly, it is because of the smaller scale and geographic isolation of our markets.

The answer to that is for us to develop our own fuels where we have comparative competitive advantage, particularly in wind. I hope - we will see whether it happens - the first of those offshore wind farms off the coast of Louth will proceed. If we are looking to protect our households, that sort of approach, where we start relying on our own resources not being held to ransom by external governments, is where we can go.

Going back to the debate we had earlier, we help our people by insulating and making sure that our dispersed houses are warm by design and that we do not have to spend so much. That is the answer that we have to follow. That is the path that brings us cheaper energy prices.

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