Results 1-20 of 1,032,660 for in 'Dáil debates' OR in 'Committee meetings' (speaker:Richard Bruton OR speaker:Patricia Ryan OR speaker:Cathal Crowe OR speaker:Brian Leddin)

Joint Oireachtas Committee on Climate Action: Long-Duration Energy Storage: Discussion (25 Jun 2024)

Brian Leddin: The purpose of the meeting today is to discuss long-duration energy storage. On behalf of the committee, I welcome the following witnesses to the meeting: Mr. Bobby Smith, head of Energy Storage Ireland; Mr. Brian Kennedy, chairperson and head of client origination at ElectroRoute; and Mr. Paul Blount, portfolio director with FuturEnergy Ireland and chair of Energy Storage Ireland's...

Joint Oireachtas Committee on Climate Action: Long-Duration Energy Storage: Discussion (25 Jun 2024)

Brian Leddin: I thank Mr. Smith. The first member indicating is Deputy Bruton.

Joint Oireachtas Committee on Climate Action: Long-Duration Energy Storage: Discussion (25 Jun 2024)

Richard Bruton: I thank Mr. Smith for his presentation. Everyone recognises that driving forward our renewable energy ambitions is complex. Storage is an integral part of that. How far short are we of surviving on the normal revenue that would come from being able to access one third of the renewable capacity, which he said is the stream of potential? There is potentially a very substantial amount of...

Joint Oireachtas Committee on Climate Action: Long-Duration Energy Storage: Discussion (25 Jun 2024)

Richard Bruton: We are not going to design a new market here but it sounds as though it is extremely complex if you are watching one rising curve of surplus renewable and another one of these competing technologies with their different features. It sounds tricky enough. Is Energy Storage Ireland a long way off trading off a spot price to be able to justify some of these longer term things?

Joint Oireachtas Committee on Climate Action: Long-Duration Energy Storage: Discussion (25 Jun 2024)

Brian Leddin: Deputy Matthews saw his opportunity and took it. Meanwhile Deputy Devlin has been waiting patiently.

Joint Oireachtas Committee on Climate Action: Long-Duration Energy Storage: Discussion (25 Jun 2024)

Brian Leddin: I thank the Deputy. A lot of my questions have been addressed at this point. I am curious about the role of renewable developers and operators in the development of long-duration storage. Obviously, there is an incentive there, for anyone who is in that space, to be able to send the power somewhere to put it back into the grid at a later date. Does Energy Storage Ireland have members who...

Joint Oireachtas Committee on Climate Action: Long-Duration Energy Storage: Discussion (25 Jun 2024)

Brian Leddin: Very briefly. I am mindful Senator Higgins has arrived and I am sure she has questions, and we need to finish the meeting shortly.

Joint Oireachtas Committee on Climate Action: Long-Duration Energy Storage: Discussion (25 Jun 2024)

Brian Leddin: I thank Mr. Smith. The next time we invite in representatives of the CRU, we will put this on the agenda. I hope that will be sooner rather than later. I call Senator Higgins.

Joint Oireachtas Committee on Climate Action: Long-Duration Energy Storage: Discussion (25 Jun 2024)

Brian Leddin: I thank Mr. Smith. We are out of time. This was a super-interesting session. We got so much information. We hear the witnesses' asks. I have no doubt the Department, the regulator and EirGrid have been watching the meeting in any case but, as a committee, we will certainly push the asks in any engagements we have with them in the coming weeks and months. It is very exciting. It is...

Mortgage Interest Rates Cap Bill 2023: Second Stage [Private Members] (20 Jun 2024)

Question put.

Mortgage Interest Rates Cap Bill 2023: Second Stage [Private Members] (20 Jun 2024)

Verona Murphy: In accordance with Standing Order 80(2), the division is postponed until the weekly division time next week.

Mortgage Interest Rates Cap Bill 2023: Second Stage [Private Members] (20 Jun 2024)

Cuireadh an Dáil ar athló ar 4.52 p.m. go dtí 2 p.m., Dé Máirt, an 25 Meitheamh 2024. The Dáil adjourned at at 4.52 p.m. until 2 p.m. on Tuesday, 25 June 2024.

Mortgage Interest Rates Cap Bill 2023: Second Stage [Private Members] (20 Jun 2024)

Richard Boyd Barrett: I thank those who contributed to the discussion. While the new deputy leader of Fianna Fáil was terribly polite in his response, the net interpretation of what he said is really that the Government is not going to do anything and will let the free market decide. Lola, who I mentioned earlier on, is paying €900 a month, or €10,000 or €11,000 a year, more than she...

Mortgage Interest Rates Cap Bill 2023: Second Stage [Private Members] (20 Jun 2024)

Louise O'Reilly: I thank Deputy Boyd Barrett for bringing this legislation before the Dáil. Workers and families have seen a sharp, sudden and significant increase in their mortgage costs since 2022. Since the European Central Bank first increased its key interest rates in July of that year, average mortgage interest costs have increased by a whopping 70%. For so many, these increases have been...

Mortgage Interest Rates Cap Bill 2023: Second Stage [Private Members] (20 Jun 2024)

Jack Chambers: I again thank Deputies for speaking to the Bill. I also thank Deputy Boyd Barrett for bringing it to the House. We are all acutely aware of the high mortgage repayments currently faced by some mortgage holders and the stress and hardship this causes for families. The Government has undertaken a number of initiatives, including measures in the budget, to help people impacted by the rise in...

Mortgage Interest Rates Cap Bill 2023: Second Stage [Private Members] (20 Jun 2024)

Jack Chambers: I thank Deputy Boyd Barrett for initiating this Bill. The Bill proposes to cap mortgage interest rates on private dwelling home mortgages and to give the Central Bank the power to issue a direction to all mortgage lenders setting out the maximum APR chargeable on housing loans, that being a rate not exceeding 3%. The Government is opposing the Bill and I will outline shortly some of the...

Mortgage Interest Rates Cap Bill 2023: Second Stage [Private Members] (20 Jun 2024)

Paul Murphy: This is a huge issue affecting hundreds of thousands of people in this country. One in three mortgage holders is paying at least €3,000 more per year than they were just one year ago. One in five is paying almost €6,000 extra a year. This is a huge cost-of-living crisis which has its roots in the same profiteering that lies behind the rising cost of rents, food and fuel. All...

Saincheisteanna Tráthúla - Topical Issue Debate: Animal Welfare (20 Jun 2024)

Jack Chambers: I thank Deputy Cronin again for raising the issue. As I said, the footage that was broadcast was abhorrent and extremely upsetting for us all. Many people across communities would never show such a blatant disregard for the welfare of horses. That is why what we saw was potentially criminal behaviour by a number of individuals and there needs to be consequences of that. The welfare of...

Mortgage Interest Rates Cap Bill 2023: Second Stage [Private Members] (20 Jun 2024)

Mortgage Interest Rates Cap Bill 2023: Second Stage [Private Members] (20 Jun 2024)

Richard Boyd Barrett: I move: "That the Bill be now read a Second Time." We initiated this Bill last year, 2023, in response to ten interest rate hikes by the European Central Bank, ECB, which impacted tens of thousands of mortgage holders in this country. These are working people who are trying to put a roof over their heads and they were hammered again and again by interest rate hikes by the European...