The electricity and gas retail markets in Ireland operate within a European Union regulatory regime wherein such markets are commercial, liberalised, and competitive. State owned enterprises and private sector companies operate within this competitive framework to deliver the overall lowest cost to consumers over the lifetime of the investment. This includes competitions for support for investment in the generation of renewable energy such as the Renewable Electricity Support Scheme (RESS).
As such, while state-owned bodies may own and operate renewable energy developments, these bodies do so on a commercial basis and the State itself does not directly own or operate any such generation assets.