Ceisteanna ó Cheannairí - Leaders' Questions
Dail Éireann — 2026-03-04
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Micheál Martin (FF), Cork South-Central

We are investing in renewables to an unprecedented extent. Between 40% and 45% of all electricity generation is through renewables in Ireland today, and approximately 40% through gas. One of the structural problems with this, of course, is across Europe there is a coupling of gas and very often gas dictates the ultimate price. Price caps generally do not work and we would need to consider that very carefully before we would implement such a measure.
We will keep everything under review in terms of how this situation unfolds and we appreciate the pressures that are on people.
Again, the CCPC is there to investigate and engage with companies and the market to fundamentally ensure price-gouging does not happen and that unfair advantage is not taken of people.
We will also continue to engage on that issue as a Government, and we will have further meetings today relating to that specific item.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2026-03-04/debate/main
Retrieved: 2026-08-14T04:54:43+00:00
Sitting date: 2026-03-04