Energy Prices Dail Éireann — 2022-09-20 ============================================================ Eamon Ryan (GP), Dublin Bay South There is no U-turn. I work very closely with the Spanish Minister and find we agree on a lot. I do not believe the measures introduced in Spain would work well here and that is why I prefer the approach we are taking. There were knock-on consequences in Spain, including a massive transfer of exports of energy to France, from which the latter benefited. There would potentially be the same consequences here. We could see a major transfer of wealth from Ireland to Britain if we adopt the exact same measures. Different markets have different circumstances but that was my assessment of it. If the Deputy's party is proposing we take the approach of a cap----- --- Source: Houses of the Oireachtas. Licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). The Official Report is revised after first publication; the fetch timestamp below identifies the version quoted. Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2022-09-20/debate/main Retrieved: 2026-08-14T04:51:02+00:00 Sitting date: 2022-09-20