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Dáil
‹ Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation

Electricity auction concerns

Summary

Deputy Lahart follows up on the failed electricity auctions and suggests the ESB may have gamed the system. The Tánaiste says he is not sure that is what happened but agrees the auctions were unsuccessful and need a changed approach.

I thank the Leas-Cheann Comhairle for including me. I was going to ask a further question about the UCC students - I ask that the Tánaiste follow up on the matter - but Deputy Cowen's point made a strong impression on me because I was not aware of the issue. His point is that the ESB, a commercial semi-State company, won a bid to be one of the electricity suppliers but failed to supply the electricity. Was the ESB ever in a position to supply it? It seems it gamed the system, kept another supplier out and was prepared to pay the penalty of €4 million to enable itself to do that. Obviously, consumers, businesses and industry are at the wrong end of this. This is a serious issue. When will the Government revert to the Dáil on it?

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Leo Varadkar The Tánaiste Fine Gael

I have to confess I am not sure or certain if that is what happened. There may be different accounts as to what happened with the auctions. It is certainly the case that the auctions were unsuccessful. We cannot afford that to happen again in the new year. We need to ensure that those auctions are successful. That may require a change of approach from EirGrid.

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