Dáil Éireann Debate, Tuesday - 10 June 2025
228. Deputy Pa Daly asked the Minister for Climate, Energy and the Environment to provide a breakdown of current funding from the Exchequer that was provided to Eirgrid in each of the years 2015 to 2025, in tabular form; and if he will make a statement on the matter. [29578/25]
View answerEirGrid is a commercial State body under the aegis of my Department and was established under Regulation 50 of the European Communities (Internal Market in Electricity) Regulations 2000. EirGrid is a body corporate and a separate legal entity to the Department and Minister.
EirGrid is not funded by the Exchequer. It is funded through revenue primarily derived from regulated tariffs such as the Transmission Use of System (TuoS) tariff, a charge payable by all users of the transmission system.
EirGrid publish all its financial information in its Annual Reports which can be viewed on its website.
In 2022, financial support by way of a grant was provided to EirGrid by the then Minister under the specific conditions included in the EirGrid, Electricity and Turf (Amendment) Act 2022 as follows:
|
Year |
Funding Type |
Note |
|
2022 |
Temporary Emergency Generation (TEG) Grant (€151m) |
On 7 July 2022, the Commission for Regulation of Utilities (“CRU”) gave a direction to EirGrid plc under regulation 28(10) of the European Communities to deliver additional temporary emergency electricity generation capacity for the period of winter 2023-2024 to winter 2025-2026 and if needed to the end of winter 2026-27. In order to enable EirGrid plc to comply with the Direction, the Minister for the Environment, Climate and Communications provided a grant of €151m. |
