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Energy (Miscellaneous Provisions) Bill 2006: Report Stage (18 Oct 2006)

Noel Dempsey: ...million. The upper limit of €100 million has remained unchanged since the passing of the Turf Development Act 1998. The core business of Bord na Móna plc over the years has been the supply of peat and peat-fired electricity-generating stations owned by the ESB and the independent peat-fired power station at Edenderry. It also produces peat briquettes as an indigenous solid fuel for...

Energy (Miscellaneous Provisions) Bill 2006: Report Stage (18 Oct 2006)

Noel Dempsey: I thank Deputies for their contributions and their support of this amendment. Give or take a few years, peat contracts with the ESB are due to expire in approximately 15 years, by 2020. The peat supply business is still Bord na Móna's main business with the ESB. If Deputies look at the strategic plan, the company can remain in its current position until 2020 or 2025 and then go out of...

Energy (Miscellaneous Provisions) Bill 2006: Report Stage (18 Oct 2006)

Bernard Durkan: ...and expand into new markets, providing new services. I spoke about some of the areas into which it is moving. Perhaps the Minister might state to what extent the ESB is committed to Bord na Móna peat contracts and for how many years. For how many years more will reserves of peat be available? How many commitments have been made or contracts entered into? To what extent does it affect...

Energy (Miscellaneous Provisions) Bill 2006: Report Stage (18 Oct 2006)

Bernard Durkan: ...was placed on Bord na Móna's ability to get involved far more as an energy-producing company. We hear this all the time. In the 1980s, international energy prices went up very quickly, with peat increasing from IR£16 per tonne to approximately IR£60. If we proceed in the way it appears we are going with regard to energy prices, we will face large-scale job losses of a kind yet unheard...

Energy (Miscellaneous Provisions) Bill 2006: Report Stage (18 Oct 2006)

Jerry Cowley: ...whereas they will get little from the project except disappointment and the pollution of their environment. A 400-acre site will be completely taken over by a petrochemical industry, a point repeated in the local newspaper by Deputy Kenny, who believes this will be the centre for the petrochemical industry. It is the game plan that everything will come through this site. When I visited...