I thank the Deputy. The system operators, EirGrid and ESB Networks, are charged with responsibility for upgrading our electricity system, including planning and constructing new investments in the grid. They are accountable to the Commission for Regulation of Utilities, CRU, in that regard. However, investing in and ensuring a fit for purpose electricity grid is an absolute priority for me and the Government. I regularly meet with ESB Networks and with EirGrid - I am meeting with EirGrid later today on its work as well. I meet EirGrid and ESB Networks together every month, specifically on PR 6 and the work programme.
In July, I was very pleased to open ESB Networks' new Bracklone 110 kV substation in Laois. That was the first one of those delivered under the PR 6 programme. There was really good work done. There was also the North-South interconnector, the Moneypoint 400 kV series capacitor and the Letterkenny 100 kV line redevelopment, which are covered under the Critical Infrastructure Act. We saw Moneypoint come through pretty much straight away after that. The system operators are waiting for confirmation from local authorities on planning conditions for the North-South interconnector. Monaghan County Council is the lead local authority. I hope it discharges its consent without any further delay. The Moneypoint capacitor has now received full consent.
That grid investment programme is unprecedented and worth up to €18.9 billion - it is really critical. When you break down the 520 projects, it is really down to 29 transmission projects and 32 distribution projects. Ten of these transmission projects are already under construction. That is really good. One of the priority distribution projects is already completed and three further projects are in construction.
I meet with them every single month to go through the list of the main projects to make sure timelines are not slipping, to identify any risks that are there and to keep the pressure on. I thank ESB Networks and EirGrid for all they are doing.