Dáil Éireann Debate, Tuesday - 27 September 2022
41. Deputy Violet-Anne Wynne asked the Minister for the Environment, Climate and Communications if the Government will improve the procedures, systems and supports that are in place to enable businesses to sell surplus energy supplies back to the national grid (details supplied); and if he will make a statement on the matter. [46727/22]
Amharc ar fhreagraThe Commission of Regulation of Utilities (CRU), which has statutory responsibility to ensure security of electricity supply, currently has a programme of actions underway to ensure the security of our electricity supply over the coming winters. The programme, which was published in September 2021, contains a number of both demand-side and supply-side mitigation measures to address any potential shortfall. On 27 June 2022, the CRU published an update on the actions within the programme and this is available on their website. Margins will remain tight during this coming winter period (2022/2023). The CRU is continuing to work with key stakeholders to implement additional appropriate mitigation measures to further reduce risks this winter and lower peak demand during this period.
The Government is acutely aware of the impact on customers of high electricity and gas prices and has already implemented a €2.4 billion package of policies and measures to support energy customers. These supports included an Electricity Costs credit which was applied to over 2.1 million domestic electricity accounts, a reduction in VAT on electricity and gas bills from 13.5% to 9% and increases to the Fuel Allowance. However, the Government recognises that more needs to be done as prices continue to increase and additional measures to support households and businesses are being examined in the context of the forthcoming Budget.
The best long-term approach for Ireland to insulate consumers from volatility on international wholesale energy markets is to invest in energy efficiency, renewable energy and expand interconnection with European and neighbouring markets.
