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Electricity grid should receive €2bn-a-year boost from State, says industry body

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Republic faces €8bn fines if it misses climate targets

Group representing electricity suppliers warns State faces €8bn in EU fines if it misses climate targets

The Electricity Association of Ireland argues that cutting carbon dioxide output requires increased use of renewables and using more electricity to power industry, heating and transport. It will call on Thursday for the State to invest €2 billion annually up to 2030 on reinforcing and renewing the national electricity grid to enable this to happen.

In a shopping list due to be presented at a conference in Dublin on Thursday, the EAI warns that electrification of industry has stagnated. The association maintains that in tandem with electrification of industry, the country needs to accelerate the rate at which it increases renewable electricity use.

 

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