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Tuesday, 25 Jul 2023

Written Answers Nos. 105-125

Departmental Communications

Questions (109)

Brendan Smith

Question:

109. Deputy Brendan Smith asked the Minister for the Environment, Climate and Communications if his Department, and all agencies under the remit of his Department, have their telephone contact details on their websites and on other media platforms; if all stationery and headed notepaper used in correspondence with the public contain relevant phone contact details, taking into account that everybody is not in a position to correspond by e-mail; and if he will make a statement on the matter. [36694/23]

View answer

Written answers

My Department is committed to providing easy access to our services by offering a range of different contact methods including telephone contact details.

Our digital content is hosted on the central government platform gov.ie.  My Department's homepage is gov.ie/DECC and telephone numbers, postal address and email addresses are provided here.

My Department has accounts on several social media platforms, including Facebook, Instagram, Twitter and LinkedIn. The telephone contact details for the main switchboard are available on all of these platforms. 

All printed and digital materials adhere to the unified Government of Ireland branding and all contact information is displayed clearly on letterheads and other stationery items. Letterhead templates are available to all staff on the Department’s staff intranet.

The information requested in relation to the agencies under the aegis of my Department is an operational matter for each agency. My Department will request the relevant bodies to reply directly to the Deputy with the information requested.

Greenhouse Gas Emissions

Questions (110)

Darren O'Rourke

Question:

110. Deputy Darren O'Rourke asked the Minister for the Environment, Climate and Communications the extent to which high energy costs have contributed to the reduction of residential emissions, as detailed by the latest EPA report; the measures in place to mitigate against an increase should energy prices decrease; and if he will make a statement on the matter. [36708/23]

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Written answers

I welcome the 12.7% reduction in residential emissions in 2022, in comparison with 2021 levels, as reported in the EPA’s 2022 greenhouse gas emissions report. According to the EPA, this reduction is due to a combination of factors, including households switching to renewable heat sources, a reduction in the use of emissions intensive solid fuels following introduction of the Solid Fuel Regulations in October 2022, behavioural changes, milder weather, and higher fossil fuel prices.

While high energy costs, therefore, had some role to play, it is important also to note the impact of policy measures in the sector. Data published by the SEAI indicate that the National Retrofit Plan delivered 27,200 home energy upgrades in 2022, with an estimated 40.27kt CO2 emissions savings. The 2023 Climate Action Plan sets out a range of further measures, in addition to retrofit, to deliver emission reductions in the residential sector, in particular the continued strengthening of building regulations, supporting the growth and development of district heating, electrification of heating and geothermal energy, and promoting reduced demand through behavioural change.

Since the invasion of Ukraine in February 2022, this Government has introduced a range of supports to assist households and businesses following the resulting increases in energy prices.  These include:

• Providing a €600 electricity credit to all households, with a total value of €1.3 billion

• An additional once-off fuel allowance payment of €400 and increase to the income threshold at which the Fuel Allowance can be paid to people aged under 70

• A once-off payment for people living alone

• The introduction of the Temporary Business Energy Support Scheme (TBESS) that initially provided up to €10,000 per business per month to help businesses meet rising energy costs.  The scheme has since been extended. The amount of eligible costs increased to €15,000 and the time limit for all claims under the scheme has been extended to 30 September 2023

Building Energy Rating

Questions (111)

Darren O'Rourke

Question:

111. Deputy Darren O'Rourke asked the Minister for the Environment, Climate and Communications the total number of retrofits completed to a post retrofit standard of B2 or higher as part of the warmer homes scheme in 2022, in Q1 2023 and in Q2 2023, in tabular form; and if he will make a statement on the matter. [36709/23]

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Written answers

The Better Energy Warmer Homes Scheme delivers free energy upgrades for eligible homeowners in low-income households who are most at risk of energy poverty. The scheme is administered by the Sustainable Energy Authority of Ireland (SEAI).

Since February 2022 homes rated E, F or G are prioritised for works. Through the delivery model of this programme, SEAI determines suitable works which can be completed, through a survey of the home, in line with the scheme Guidelines. The works recommended are based on the suite of measures available through the scheme. The average value of upgrades provided under the scheme in the first half of 2023 was in excess of €24,000. The scheme does not target an end point BER.

The National Retrofit Plan included a commitment to carry out a pilot to upgrade more homes under the scheme to a B2 standard. This pilot is gathering evidence to inform the appropriate process and approach to increase the number of B2 upgrades and heat pumps installations delivered under this scheme.

The table below sets out the number of upgrades to B2 completed under the scheme in 2022 and in the first half of 2023.

Warmer Homes Scheme (including Warmth & Wellbeing)

2022

H1 2023

Number of upgrades total

4,438

2,346

-        Number of upgrades to B2

159

134

Departmental Reports

Questions (112)

Darren O'Rourke

Question:

112. Deputy Darren O'Rourke asked the Minister for the Environment, Climate and Communications if a report will be produced following the Energy Summit which was held on 6 July 2023; and if he will make a statement on the matter. [36710/23]

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Written answers

The Taoiseach, the Tánaiste and I convened an Energy Summit on 6 July. The Summit brought together representatives from the private, public and voluntary sectors to discuss Ireland’s decarbonisation of its energy systems. The summit provided an opportunity for participants, whose combined efforts will be vital to delivering Ireland’s climate and energy policies, to discuss how best to position Ireland to reap the environmental, economic and social benefits of moving away from fossil fuels and towards indigenous, renewable energy sources. The outcomes of the summit will support further developments and opportunities in the energy transition.

My Department has no role in producing a report on the Summit, which was organised by the Department of the Taoiseach.

Greenhouse Gas Emissions

Questions (113)

Darren O'Rourke

Question:

113. Deputy Darren O'Rourke asked the Minister for the Environment, Climate and Communications his views on the latest EPA report on Ireland’s greenhouse gas emissions (details supplied); his views, moreover, on the 12.4% annual emissions reduction from 2023-2025 that will be required to stay within budget; and if he will make a statement on the matter. [36711/23]

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Written answers

The latest EPA report regarding provisional data for GHG emissions, in the period 1990 to 2022,  shows that Ireland's emissions fell by 1.2% in 2022, compared to 2021 levels. This reduction was driven by higher fuel prices, reduced use of nitrogen fertiliser, increased renewable energy, behavioural change and regulation, with reductions observed in our Agriculture, Industry, Energy and Residential sectors. 

While the overall emissions fall short of what is required to stay within our carbon budgets, this does show that we can reverse the previous trajectory of emissions, and decouple them from economic activity.

The EPA report shows that we have now used almost half of our carbon budget for 2021 to 2025 within the first 2 years. This means that we need to ramp up decarbonisation in the coming years to stay within our carbon budgets and meet our 2030 and 2050 targets.

The 2023 Climate Action Plan sets out our response – as a country – to the climate crisis, detailing the roadmap of policies, measures and actions we will deliver in support of our climate commitments and emissions reduction targets. 

The next iteration of Ireland’s Climate Action Plan, due to for publication by the end of this year, will update the policies, measures and actions needed. It will take account of the latest emissions reports and will accelerate and amplify our climate action.

Departmental Schemes

Questions (114)

Darren O'Rourke

Question:

114. Deputy Darren O'Rourke asked the Minister for the Environment, Climate and Communications the average wait-time for a retrofit as part of the warmer homes scheme in 2022, in Q1 2023 and in Q2 2023, in tabular form; and if he will make a statement on the matter. [36712/23]

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Written answers

The Better Energy Warmer Homes Scheme delivers a range of energy efficiency measures free of charge to low-income households vulnerable to energy poverty. The primary aim of the scheme is to provide upgrades to those living in, or at risk of, energy poverty. The Sustainable Energy Authority of Ireland (SEAI) operates the scheme on behalf of my Department. Delivering free energy upgrades to low-income households and as quickly as possible is a top priority for my Department and the SEAI.

Increased awareness of the multiple benefits of retrofit and improvements to the Warmer Homes Scheme are driving increased levels of demand for the scheme. This can be seen in application numbers with over 9,900 applications received in 2022 and over 8,000 applications received up until the end of June 2023.

It should be noted that the scheme has been delivering a greater volume of deeper and more complex upgrades in recent years. This is reflected in the average cost of upgrades which have increased from €2,600 in 2015 to €24,000 in 2023. The increase in depth of retrofit is also reflected in the waiting times as more significant works take a longer time per home to complete. It is important to note that the scheme was also impacted significantly by construction sector closures and restrictions on home visits associated with COVID-19 in recent years which resulted in a build up of applications.

The table below sets out the average waiting time from application to completion in 2022, Q1 2023 and Q2 2023.

Period

Waiting time

2022

26 months

Q1 2023

21 months

Q2 2023

21 months

My Officials continue to work with the SEAI to maximise and accelerate output of free energy upgrades delivered. An unprecedented budget of €148.5 million has been allocated to the scheme this year which will deliver 6,000 home upgrades. Additional funding of €264 million has also been secured for the scheme from the European Regional Development Fund and will supplement the annual allocations over the period from now until 2027. Importantly, a new contractor panel for the scheme will be established later this year. It is intended that the panel will be in place for 4 years, with an estimated contract budget of €700 million for that period, which will be a very strong signal of commitment.

Departmental Schemes

Questions (115)

Darren O'Rourke

Question:

115. Deputy Darren O'Rourke asked the Minister for the Environment, Climate and Communications the average wait-time for a retrofit as part per-scheme in 2022, in Q1 2023 and in Q2 2023, in tabular form; and if he will make a statement on the matter. [36713/23]

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Written answers

The National Retrofit Plan sets out the Government's approach to achieving the Climate Action Plan targets of upgrading the equivalent of 500,000 homes to a Building Energy Rating (BER) of B2/cost optimal level and installing 400,000 heat pumps to replace older, less efficient heating systems by 2030.

To promote and incentivise the achievement of these targets, last year, the Government launched a package of significantly enhanced supports to make it easier and more affordable for homeowners to undertake home energy upgrades.

Following the introduction of the new measures, 27,200 home energy upgrades were supported in 2022, which represents a 79% increase on 2021 output levels.

My Department is working with SEAI to continue to build on the strong performance of 2022. A record €356 million in funding has been allocated to SEAI for residential and community retrofit for 2023 to support the delivery of 37,000 home energy upgrades this year. Figures to end of June 2023 show 21,733 home energy upgrades have been delivered so far this year, equating to 58% of the overall target for 2023.

The latest SEAI data available to my Department for average waiting times covers Quarter 1, 2023 and is set out below, along with the corresponding timeframes, where available, for 2022 for the various schemes operated by the SEAI:

• The Better Energy Homes Scheme and Solar PV Scheme are demand-led schemes which require homeowners to procure their own contractor following grant approval from SEAI (this approval process is instantaneous once all requirements for the SEAI grant application portal are met by applicants). Works must be completed within an 8-month period, starting from the date of grant approval. Figures from SEAI show that under the Better Energy Homes Scheme the average cycle time for applications completed in 2022 was 3.6 months. The corresponding figure for Quarter 1 2023 was 5.3 months. For the Solar PV Scheme, the figures are 5.5 months for applications completed in 2022 and the corresponding figure for Quarter 1, 2023 was 5 months.

• Under the National Home Energy Home Upgrade Scheme and Community Energy Grant Scheme, homeowners engage a registered One Stop Shop or Project Co-ordinator, respectively, to manage the grant application process and oversee delivery of the retrofit on their behalf. Works must be completed under these schemes within 12 months. While waiting times for these Schemes is not routinely reported to the Department, data from the SEAI shows that for home upgrades completed in Quarter 1, 2023 the average waiting times for the National Home Energy Upgrade Scheme was 4.7 months.

• The Better Energy Warmer Homes Scheme (WHS) delivers a range of energy efficiency measures free of charge to low-income households vulnerable to energy poverty. For home upgrades completed in 2022, the average cycle time from application to completion was 27.5 months. It should be borne in mind that at the time cycle times were affected by COVID related issues. For home upgrades completed in Quarter 1, 2023 the average waiting times for the Warmer Homes Scheme was 21 months.

A more detailed overview of the SEAI 2022 performance against annual targets on the residential and community energy efficiency schemes can be found in their recently published quarterly report, which can be found on the SEAI website at: www.seai.ie/news-and-media/home-energy-upgrades-2022/. A report on Q1 2023 performance on the residential and community energy efficiency schemes is available at SEAI-Retrofit-Quarterly-Report-Q1-2023.pdf. The progress report for Quarter 2, 2023 is being prepared by SEAI and will be available shortly.

Climate Change Policy

Questions (116)

Paul Murphy

Question:

116. Deputy Paul Murphy asked the Minister for the Environment, Climate and Communications whether his Department has recommended that climate obligations be factored into such decisions; and if he will make a statement on the matter. [36715/23]

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Written answers

The Environmental Protection Agency undertakes a range of regulatory tasks relating to the licensing, permitting, consenting or certification of activities that could have an impact on the environment or on human health. In this context, the Agency is the competent authority for granting and enforcing industrial and waste licences.

Section 15 of the Climate Action and Low Carbon Development Act 2015, as amended by the Climate Action and Low Carbon Development (Amendment) Act 2021, relates to the duties of certain bodies, including the Agency, to perform their functions in a manner consistent with -

(a) the most recent approved climate action plan,

(b) the most recent approved national long term climate action strategy,

(c) the most recent approved national adaptation framework and approved sectoral adaptation plans,

(d) the furtherance of the national climate objective, and

(e) the objective of mitigating greenhouse gas emissions and adapting to the effects of climate change in the State.

Departmental Schemes

Questions (117)

Cormac Devlin

Question:

117. Deputy Cormac Devlin asked the Minister for the Environment, Climate and Communications to provide an update on the long-awaited re-establishment and distribution of the Local Agenda 21 (LA 21) Grants; and if he will make a statement on the matter. [36802/23]

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Written answers

The Community Environment Action Fund (CEAF) replaced the Local Agenda 21 (LA 21) Grants. The most recent call for applications under the CEAF was made in 2019. As a consequence of Covid-19, the completion deadlines for all projects funded under that scheme were extended a number of times at the request of the grantees. Grants under the existing scheme continued to be paid out for 2020 and 2021.

I launched  the Community Climate Action Programme (CCAP) in November 2021 supported by resources of €60 million from the Climate Action Fund. This programme is set to run over 3 years. €48 million of this is being provided to Local Authorities to develop partnership projects with local communities to help them build their low carbon communities, with €12 million being allocated to creative projects, climate education, capacity building and learning by doing.

My Department carried out a review of the CEAF in 2022 and sought a return from all Local Authorities on their expenditure. Emerging from this review it was clear that there are now other means of accessing funds to support projects of the kind funded under the CEAF. 

As a consequence, my Department decided not to continue to run the CEAF programme as it has now been superseded.

Departmental Reports

Questions (118)

Darren O'Rourke

Question:

118. Deputy Darren O'Rourke asked the Minister for the Environment, Climate and Communications if a report will be produced following the stakeholder forum which was held on 7 July 2023 as part of the Energy Poverty Action Plan; and if he will make a statement on the matter. [36807/23]

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Written answers

On 13 December 2022, Government approved a new Energy Poverty Action Plan. The Plan is available at www.gov.ie and sets out a range of measures to ensure that those least able to afford increased energy costs are supported and protected to adequately heat and power their homes. The implementation of the Action Plan is being monitored by a cross-departmental Steering Group, chaired by my Department.

As part of the work of the Steering Group, the inaugural Energy Poverty Stakeholder Forum was held on 7 July 2023. The Forum seeks to improve and accelerate the implementation of the plan, by fostering dialogue and cooperation among NGOs, industry representatives, and public bodies. It provides a platform for stakeholders to collaborate, assess progress on objectives from across the action plan, and share new ideas to combat energy poverty.

A report is currently being prepared on the outcomes and recommendations of the Energy Poverty Stakeholder Forum.

Energy Prices

Questions (119)

Darren O'Rourke

Question:

119. Deputy Darren O'Rourke asked the Minister for the Environment, Climate and Communications further to Parliamentary Question Nos. 155 and 184 of 13 July 2023, his views on the nationally representative research tracker to monitor public sentiment and knowledge in relation to energy issues; if he will report on the evidence that demonstrates that there has been a “reduction in the difficulty meeting energy costs” despite continued high energy prices; the income levels to which this applies; and if he will make a statement on the matter. [36808/23]

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Written answers

During the evolving energy crisis, the ongoing Government of Ireland Reduce Your Use/Stay Warm and Well public information campaign has provided clear and timely advice to Irish families, households, and businesses. A key component of the campaign strategy is to ensure that Government is actively listening to people; understanding and responding to their needs and concerns to determine the most useful advice, information and interventions that can be provided.

To ensure this is achieved, quantitative research has been carried out by Amárach Research on a fortnightly basis since October 2022, and on a monthly basis since April 2023. A nationally representative group is surveyed to test response to messaging and consumer sentiment. The results of this tracker indicate that overall there has been some reduction in the difficulty of meeting energy costs since October, and that families are making consistent efforts to reduce their energy use. However, the high cost of energy remains a serious concern, particularly among vulnerable groups.

The Government is working towards completing the implementation of the Energy Poverty Action Plan, monitoring the efficacy of existing supports, and exploring further measures to support consumers in the context of Budget 2024. The Consumer Sentiment and Reported Behaviour Research October 2022- June 2023 is available at:  gov.ie - Consumer Sentiment and Reported Behaviour Research (www.gov.ie)

Energy Conservation

Questions (120)

Darren O'Rourke

Question:

120. Deputy Darren O'Rourke asked the Minister for the Environment, Climate and Communications the total number of solid fuel homes, per scheme, that had a home energy upgrade via the national retrofit plan; their post-retrofit standard in 2019, 2020, 2021, 2022, Q1 2023 and Q2 2023, in tabular form; and if he will make a statement on the matter. [36809/23]

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Written answers

The Climate Action Plan and National Retrofit Plan set ambitious targets to retrofit the equivalent of 500,000 homes to a Building Energy Rating (BER) of B2/cost optimal and the installation of 400,000 heat pumps in existing homes to replace older, less efficient heating systems by end-2030. 

Retrofitting fossil fuel heated homes and replacing the heating systems with heat pumps and renewable energy systems is a key target of the Climate Action Plan. Budget 2023 has provided €356 million for SEAI residential and community energy upgrade schemes to support homeowners to improve the energy efficiency of their properties and support the delivery of 37,000 retrofits this year.

These supports are available to households reliant on solid fuel central heating systems who wish to undertake energy efficiency upgrades and are considering installing heat pumps.  In line with commitments in the Climate Action Plan, officials from my Department and the SEAI are working to identify options to further support these homeowners to convert to heat pumps.

The data sought by the Deputy on the numbers of solid fuel-heated homes that had energy upgrade works carried out under SEAI schemes is not routinely supplied by the SEAI to my Department.

Energy Prices

Questions (121, 124)

Darren O'Rourke

Question:

121. Deputy Darren O'Rourke asked the Minister for the Environment, Climate and Communications if he is aware of the ERSI’s Quarterly Economic Commentary; his plans to address the finding that forward gas prices may be a better predictor of retail prices than wholesale electricity prices, and further, the recommendation that wholesale gas and electricity prices alike should therefore be monitored when considering whether anti-competitive behaviours may be manifesting in the Irish market; and if he will make a statement on the matter. [36810/23]

View answer

Darren O'Rourke

Question:

124. Deputy Darren O'Rourke asked the Minister for the Environment, Climate and Communications further to Parliamentary Question Nos. 131, 132, 133, 134, 135, 136, 147 and 185 of 13 July 2023, if he will provide details of his request to the CRU to investigate pricing strategies in place, taking account of the electricity market participants, and to ascertain if there have been any market failures, particularly where vulnerable customers are concerned; when he expects this review to be complete and reported on; and if he will make a statement on the matter. [36845/23]

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Written answers

I propose to take Questions Nos. 121 and 124 together.

Investigation of anti-competitive behaviour and market failures within electricity and gas markets is the responsibility of the Commission for Regulation of Utilities (CRU), the independent regulator. I have recently written to the CRU requesting that they investigate the pricing strategies in place, taking account of the hedging strategies of the electricity market participants. As part of this investigation, I have asked CRU to ascertain if there have been any market failures, particularly where vulnerable customers are concerned, to make appropriate recommendations to me as Minister and to suppliers as to possible improvements, and to report on this review when completed.

Responsibility for the regulation of the electricity market is a matter for the  which is an independent regulator, accountable to a committee of the Oireachtas and not the Minister. The CRU was assigned responsibility for the regulation of the Irish electricity sector following the enactment of the Electricity Regulation Act, 1999 and subsequent legislation.  CRU is accountable to the Oireachtas and not to me as Minister. CRU has a dedicated email address for Oireachtas members to contact them at: oireachtas@cru.ie. CRU ended its regulation of retail prices in the electricity market in 2011, and in the gas market in 2014. Price setting by electricity suppliers is a commercial and operational matter for the companies concerned.

Government is acutely aware of the impact that the increases in global energy prices continue to have on households and has prioritised action across Government to support people to stay warm and well. This is why a €2.4 billion package of supports was implemented during 2022, and a package of once off measures, worth €2.5 billion, included in Budget 2023. Possible future measures are under consideration in the context of Budget 2024.

Energy Prices

Questions (122)

Darren O'Rourke

Question:

122. Deputy Darren O'Rourke asked the Minister for the Environment, Climate and Communications if he is aware of the ERSI’s Quarterly Economic Commentary; his plans to address the recommendation that a sustained decrease in wholesale gas prices that is not followed by a reduction in retail prices within six to twelve months should be investigated for evidence of anti-competitive behaviour; if he plans to conduct such an investigation when the criteria are met; and if he will make a statement on the matter. [36811/23]

View answer

Written answers

Investigation of anti-competitive behaviour and market failures within electricity and gas markets is the responsibility of the Commission for Regulation of Utilities (CRU), the independent regulator. I recently wrote to the CRU requesting that they conduct a review of the hedging strategies of electricity market participants. As part of this investigation, I have requested that CRU determine whether there have been any market failures, particularly where vulnerable customers are concerned, to make appropriate recommendations to me as Minister and to suppliers as to possible improvements, and to report on this review when completed.

Responsibility for the regulation of the electricity market is a matter for the CRU, accountable to a committee of the Oireachtas and not the Minister. The CRU was assigned responsibility for the regulation of the Irish electricity sector following the enactment of the Electricity Regulation Act, 1999 and subsequent legislation. The CRU has a dedicated email address for Oireachtas members to contact them at: oireachtas@cru.ie. CRU ended its regulation of retail prices in the electricity market in 2011, and in the gas market in 2014. Price setting by electricity suppliers is therefore a commercial and operational matter for the companies concerned.

Greenhouse Gas Emissions

Questions (123)

Ivana Bacik

Question:

123. Deputy Ivana Bacik asked the Minister for the Environment, Climate and Communications his views on the Environmental Protection Agency’s annual report on carbon emissions; and his views, in particular, on the report’s analysis showing that emissions targets will not be met; and if he will make a statement on the matter. [36830/23]

View answer

Written answers

The EPA's report regarding provisional data for greenhouse gas (GHG) emissions in the period 1990 to 2022,  shows that Ireland's emissions fell by 1.2% in 2022, compared to 2021 levels. This reduction was driven by higher fuel prices, reduced use of nitrogen fertiliser, increased renewable energy, behavioural change, and regulation, with reductions observed in our Agriculture, Industry, Energy and Residential sectors. 

 

While the overall emissions reductions fall short of what is required to meet our Carbon Budgets, they do show that we can – as a country – turn the tide on the climate crisis. The reduction for 2022 demonstrates that we can reverse the previous trajectory of emissions, and decouple them from economic activity.

The report indicates that we have now used almost half of our Carbon Budget for the period 2021 to 2025 in the first 2 years. This means that we need to ramp up decarbonisation in the coming years to stay within our Carbon Budgets and meet our 2030 and 2050 targets

The 2023 Climate Action Plan sets out our response to the climate crisis; detailing the roadmap of policies, measures and actions we will deliver in support of our climate commitments and emissions reduction targets. 

The next iteration of Ireland’s Climate Action Plan, due to for publication by the end of this year, will update the policies, measures and actions needed. It will take account of the latest emissions reports, and will accelerate and amplify our climate action.

Question No. 124 answered with Question No. 121.

Energy Prices

Questions (125)

Darren O'Rourke

Question:

125. Deputy Darren O'Rourke asked the Minister for the Environment, Climate and Communications further to Parliamentary Question Nos. 131, 132, 133, 134, 135, 136, 147 and 185 of 13 July 2023, the number of times he has met with energy suppliers to discuss energy prices; the numbers of times officials from his Department met with energy suppliers to discuss energy prices; the dates on which these meetings took place; and if he will make a statement on the matter. [36846/23]

View answer

Written answers

As Minister, I meet with a range of stakeholders on an ongoing basis across a range of important topics, including energy prices. This includes energy suppliers. In addition to these meetings, officials from my Department meet with gas and electricity suppliers on a regular basis and a key message made to them through these meetings is the critical importance of consumer prices being reduced as soon as possible.

However, the retail electricity and gas markets are commercial and price setting is a matter for individual suppliers. Responsibility for the regulation of the retail gas and electricity markets was assigned to the Commission for the Regulation of Utilities (CRU) under the 1999 Electricity Regulation Act and subsequent legislation. CRU is accountable to the Oireachtas and not to me as Minister. CRU has a dedicated email address for Oireachtas members to contact them at: oireachtas@cru.ie.

The most significant factor affecting retail electricity and gas prices in Ireland remains the wholesale price of gas. While wholesale prices have reduced from their peak in August 2022 they are still trading significantly above their pre-pandemic levels. A sustained period of lower wholesale prices may be required before retail prices can fall, as a result of supplier hedging strategies.

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