Policy document on competitiveness

Ireland has some of the highest electricity prices in Europe which poses a major threat to business viability, future investment, and decarbonisation. Arising from this situation Ibec have published a document on boosting Irish competitiveness. More specifically the document contains various recommendations on reducing electricity prices. They are as follows:

1. Accelerate the roll-out of low-cost renewable generation and storage technologies
2. Remove network inefficiencies and develop a smart, dynamic, and connected national grid
3. Support the electrification of heat, transport, and industry
4. Introduce a strategic annual subvention of Transmission Use of System Charge (TUoS) charges and the Public Service Obligation (PSO) Levy and review the sustainability of the user charge model

Full details of report are here.

For questions on this topic, please contact SFA Public Affairs Lead, Jonathan McDade - Tel: 01 605 1688 or Email: jonathan.mcdade@sfa.ie.