The 2012 edition of the World Energy Outlook was published on 12 November 2012. It highlights the global nature of world energy markets and that no country is an energy island. It re-affirms the requirement for a sustainable global energy system and highlights, inter alia, the vital role that energy efficiency and renewable energy will play in meeting global energy demands and reducing carbon emissions. My officials are considering the findings of the report, which will inform the development of the new energy policy framework.
The Government’s priority energy policy objectives are to ensure secure, sustainable and competitive energy supply for the economy and for consumers. The energy regulatory framework for energy markets must also reflect and address evolving energy policy challenges and deliver compliance with the requirements of both EU and national energy legislation.
The overriding objectives of Irish energy policy remain consistent security of supply, competitiveness and sustainability and will continue to be the pillars of energy policy and are generally consistent with the findings of the World Energy Outlook.