Dáil debates

Tuesday, 20 September 2022

Ceisteanna Eile - Other Questions

EU Meetings

9:00 pm

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

In response to Deputy Stanton, inframarginal pricing is the right measure and one which we are looking to implement. There are complexities involved in it. It will apply to the likes of wind farm or other generators that are generating without the impact of high-input gas price, therefore, it is likely that they are making a significant profit. Inframarginal pricing will not apply where they have a long-term contract or where a cap is in effect. It will not apply to the recently agreed renewables projects because they also have a cap on their system. It is measure we want to introduce, however.

In response to Deputy Conway-Walsh, if anyone thinks that it is easy and that there is a perfect market mechanism-----

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