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

My Department is currently finalising its review of security of energy supply of Ireland’s electricity and natural gas systems. The review is focused on the period to 2030, but in the context of ensuring a sustainable transition to a net zero economy by 2050. The Government’s policy objectives are to ensure energy is affordable, sustainable, and secure, as well as in line with Ireland’s climate targets and statutory carbon budgets. Underpinned by these objectives, the review is considering the risks to both natural gas and electricity supplies, and a range of mitigation measures, including the need for additional capacity of indigenous renewable energy but also energy imports, energy storage, fuel diversification, demand side response and renewable gases such as hydrogen. To support its development, a detailed technical analysis has been published and an extensive consultation process carried out, providing important insights from over 450 individuals and organisations on the range of options that could be implemented to support Ireland’s security of supply framework.

The McCarthy review into security of supply of the electricity system has been a further key input informing the analysis and will be published alongside the completion of the review. The completion of that review is a key priority. Once the review is completed, which I expect to be next month, when it will also be published, I will bring my recommendations to Government. Subject to Government approval, as I said, it will be published at that time.

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