Statement on the Publication of the CER’s Transmission Revenue For 2016-2020

23 December 2015

 

EirGrid notes the Commission for Energy Regulation’s determination on TSO and TAO Transmission Revenue for 2016 to 2020, published by the CER this week.

We remain committed to fulfilling our role as the Transmission System Operator to the best of our ability.  We are also committed to delivering the high quality national grid infrastructure needed to provide power to businesses and communities throughout the country in a cost effective manner.

EirGrid notes the CER’s recognition that the Government target of ensuring 40% of Ireland’s electricity is generated by renewable sources by 2020 means a major expansion of the transmission network.

We also welcome the CER’s conclusion that investment in the transmission network is necessary and should deliver benefits to all consumers.

ENDS

For more information contact Shane Griffin on 087-7740948