The Irish Times view on the electricity market: risks are being dialled down

irishtimes.com · economy
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The Irish Times argues that the risks attached to Ireland’s electricity market are being eased, though not eliminated. Its assessment draws on Eirgrid’s winter outlook, which points to greater leeway in the grid as demand and supply conditions change. More room in the network could ease pressure during the coming winter and reduce the likelihood of immediate shortages. The paper cautions against treating that improved margin as proof that Ireland’s energy system is fully prepared. Large investment needs remain, particularly for network upgrades and other projects needed to handle future demand peaks. The short-term outlook is therefore more reassuring than the longer-term financial and engineering picture. For consumers and policymakers, the message is that present risks can be managed while major work on the market and its infrastructure continues.

Eirgrid’s winter outlook has pointed to increased leeway in the network, but big investment needs remain

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